What were the sales of franchises for All County in 2023?
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 | |---------------------------------
Source: Item 22 — Contracts (FDD page 43)
What This Means (2025 FDD)
According to All County's 2025 Franchise Disclosure Document, the total revenue from franchise sales in 2023 was $416,000. This figure represents the income All County Property Management Franchise Corp. received from selling new franchises during that year. This number does not reflect ongoing royalties or other fees collected from existing franchisees. It is a snapshot of revenue generated specifically from the initial sale of franchise licenses.
For a prospective franchisee, this information provides insight into the demand for All County franchises and the company's growth trajectory. A higher number may indicate a strong interest in the franchise opportunity, while a lower number could suggest a slower rate of expansion or market saturation. It is important to note that this revenue figure does not directly correlate with the profitability or success of individual franchisees. Franchisees should consider this data point in conjunction with other financial performance representations and market analysis to assess the overall viability of the franchise opportunity.
It's also worth noting that franchise sales revenue can fluctuate from year to year based on various factors, such as economic conditions, marketing efforts, and changes in the franchise's business model. Therefore, it's beneficial to review the trend over several years, as provided in the table, to gain a more comprehensive understanding of All County's franchise sales performance. The FDD shows All County franchise sales were $365,000 in 2022 and $315,000 in 2024.
Prospective franchisees should also inquire about the number of franchises sold each year, as this information is not provided in this excerpt. Understanding the number of units sold in conjunction with the revenue can provide a clearer picture of the average franchise fee and the rate of franchise expansion.