What was the amount of stockholder contributions and distributions for All County in 2024?
All_County Franchise · 2025 FDDAnswer from 2025 FDD Document
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| Total National Advertising Fund | 24,885 | 81,159 | 85,801 |
|---|---|---|---|
| NET INCOME | 448,390 | 271,100 | 216,956 |
See accompanying Auditor's Report and Notes to the Financial Statements
Statements of Stockholders' Equity (Deficit) For Years Ended December 31, 2024, 2023, & 2022
| Year 2024 | Year 2023 | Year 2022 | |
|---|---|---|---|
| COMMON STOCK | |||
| Balance, Beginning & End of Year | $ 200 | $ 200 | $ 200 |
| ADDITIONAL PAID IN CAPITAL | |||
| End of Year | 142,008 | 142,008 | 142,008 |
| RETAINED EARNINGS (DEFICIT) | |||
| Retained Earnings Balance, Beginning of Year | (110,516) | 188,109 | 14,567 |
| Stockholder Contributio |
Source: Item 22 — Contracts (FDD page 43)
What This Means (2025 FDD)
According to All County's 2025 Franchise Disclosure Document, the stockholder contributions and distributions in 2024 were a net amount of $(162,622). This figure represents the combined effect of any contributions made by stockholders into the company and any distributions (payments or dividends) made from the company to its stockholders during that year. The negative sign indicates that distributions exceeded contributions for All County in 2024.
For a prospective All County franchisee, this information provides insight into how the company's finances are structured and how profits are allocated. A large negative number could suggest that the company is investing heavily in growth, or it could indicate financial strain. It is important to note that this is just one year's data and should be considered in the context of the company's overall financial performance over several years.
It is advisable for potential franchisees to inquire about the reasons behind significant stockholder contributions or distributions. Understanding the financial strategy and stability of the franchisor is crucial for making an informed investment decision. Reviewing the trend of these figures over the past three years, as presented in the FDD, can offer a more comprehensive view of All County's financial management.