What was the total additional paid in capital for All County at the end of 2023?
All_County Franchise · 2025 FDDAnswer from 2025 FDD Document
| 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) |
| NATIONAL ADVERTISING FUND | |||
| National Advertising Fund Revenues | 314,715 | 270,224 | 236,533 |
| National Advertising Fund Expenses | (289,830) | (189,065) | (150,732) |
| 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
Source: Item 22 — Contracts (FDD page 43)
What This Means (2025 FDD)
According to All County's 2025 Franchise Disclosure Document, the total additional paid in capital at the end of 2023 was $142,008. This figure represents the cumulative amount of money invested by shareholders above the par value of the company's stock. It's a key component of the company's equity and reflects the confidence investors have in All County.
For a prospective franchisee, this number provides insight into the financial structure of All County. A consistent additional paid-in capital figure, as seen across 2022, 2023, and 2024, could suggest stability in the company's equity structure. However, it's important to consider this figure in conjunction with other financial metrics to get a comprehensive understanding of the company's financial health.
Franchisees should note that additional paid-in capital is not directly related to the day-to-day operations of a franchise. However, it does reflect the overall financial strength of the All County, which can impact its ability to support franchisees and invest in the brand's future growth. Therefore, it is advisable for potential franchisees to review the complete financial statements and consult with a financial advisor to assess the implications of this figure.