What were the total revenues 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 | |---------------------------------
Source: Item 22 — Contracts (FDD page 43)
What This Means (2025 FDD)
According to All County's 2025 Franchise Disclosure Document, the total revenues for the company in 2022 were $2,379,123. This figure represents the sum of revenues from sales of franchises, royalties, training, and other income. Specifically, in 2022, All County generated $365,000 from franchise sales and $2,014,123 from royalties, training, and other income. There was no other income reported for 2022.
Understanding the revenue streams of All County is crucial for potential franchisees. The mix of revenue from franchise sales versus ongoing royalties indicates how the company generates income, and how reliant they are on selling new franchises versus supporting existing franchisees. A higher proportion of royalty income suggests a more mature and stable franchise system.
It's important to note that while the total revenues provide a snapshot of All County's financial health, prospective franchisees should also consider the company's expenses and net income to get a complete picture. Examining trends in revenue and expenses over the three years presented (2022, 2023, and 2024) can offer insights into the company's growth and profitability.