What was the total amount of royalties, training, and other income for All County in 2024?
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 company's total revenues from royalties, training, and other income for the year 2024 was $2,775,999. This figure represents the income All County generated from its franchisees through ongoing royalty payments, training programs, and other related services. This revenue stream is a key indicator of the financial health and stability of the All County franchise system.
For a prospective franchisee, this number highlights the importance of understanding the royalty structure and other fees associated with the franchise. It demonstrates the franchisor's reliance on these fees for their revenue. A consistent and growing revenue from these sources can suggest a healthy and expanding franchise network.
It is important to note that this figure does not represent the profits of individual franchisees, but rather the income received by All County. Franchisees should carefully review the royalty and fee structure outlined in the FDD and consider how these costs will impact their own profitability. Understanding the franchisor's revenue streams can help a franchisee assess the long-term viability of the franchise system.