What was the operating income (loss) for All County in 2022?
All_County Franchise · 2025 FDDAnswer from 2025 FDD Document
| Retained Earnings (Deficit) | 195,251 | (110,516) | 45,901 | | STOCKHOLDERS' EQUITY (DEFICIT) | 337,459 | 31,692 | 188,109 | | TOTAL LIABILITIES & STOCKHOLDERS' EQUITY (DEFICIT) | $ 470,860 | $ 195,181 | $ 236,144 | | | | | |
Statements of Income
For Years Ended December 31, 2024, 2023, & 2022
| Year 2024 | Year 2023 | Year 2022 | |
|---|---|---|---|
| REVENUES | |||
| Sales of Franchises | $ 315,000 | $ 416,000 | $ 365,000 |
| Royalities, Training, & Other Income | 2,775,999 | 2,402,475 | 2,014,123 |
| Other Income | - | 2,346 | - |
| Total Revenues | 3,090,999 | 2,820,821 | 2,379,123 |
| OPERATING EXPENSES | |||
| Facilities & Office Space Support | 115,813 | 191,663 | 111,396 |
| General & Administrative Expenses | 594,010 | 593,358 | 482,846 |
| Marketing & Selling Expenses | 505,096 | 611,723 | 607,828 |
| Payroll & Related Expenses | 1,005,553 | 920,699 | 826,294 |
| Travel & Related Expenses | 426,014 | 310,958 | 218,172 |
| Total Expenses | 2,646,486 | 2,628,401 | 2,246,536 |
| OPERATING INCOME (LOSS) | 444,513 | 192,420 | 132,587 |
| OTHER INCOME (EXPENSES) | |||
| Depreciation Expense | (21,008) | (1,399) | - |
| Interest Expense - Operations | - | (1,080) | (1,432) |
| Total Other Income (Expenses) | (21,008) | (2,479) | (1,432) |
| NATIONA |
Source: Item 22 — Contracts (FDD page 43)
What This Means (2025 FDD)
According to All County's 2025 Franchise Disclosure Document, the operating income for the company in 2022 was $132,587. This figure represents the income generated from All County's core business operations before accounting for other income and expenses such as depreciation and interest. It's a key indicator of the company's profitability from its main activities.
For a prospective franchisee, understanding All County's operating income can provide insight into the financial health and stability of the franchisor. A consistently positive operating income suggests that the company is effectively managing its expenses and generating revenue from its franchise operations. This can be reassuring for franchisees who rely on the franchisor's support and brand strength to drive their own business success.
However, it's important to consider this figure in conjunction with other financial metrics, such as total revenues, operating expenses, and net income, to get a comprehensive view of All County's financial performance. Additionally, prospective franchisees should compare these figures across multiple years to identify any trends or fluctuations in the company's profitability. A thorough review of the financial statements, including the notes, is essential for making an informed investment decision.
It is also important to note that while the operating income was $132,587, the net income for All County in 2022 was $216,956. The difference between these two figures is due to other income and expenses, such as the National Advertising Fund, which can significantly impact the overall profitability of the company.