How did the total revenues for All County change from 2022 to 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 have increased from 2022 to 2024. In 2022, All County reported total revenues of $2,379,123. This figure increased to $2,820,821 in 2023, marking a substantial year-over-year growth. By 2024, the total revenues reached $3,090,999, indicating continued growth in the company's financial performance. These revenues are derived from sales of franchises, royalties, training, and other income sources.
The increase in total revenues reflects All County's growing brand recognition and market presence. The rise in franchise sales from $365,000 in 2022 to $315,000 in 2024 demonstrates the increasing demand for All County franchises. Similarly, the growth in royalties, training, and other income from $2,014,123 in 2022 to $2,775,999 in 2024 suggests that existing franchisees are performing well and utilizing the support services offered by the franchisor.
For a prospective franchisee, this upward trend in All County's revenues is a positive indicator of the franchise system's overall health and potential profitability. It suggests that the company's business model is effective and that franchisees have opportunities to generate income through various channels. However, it is important for potential franchisees to conduct their own due diligence and consider other factors, such as operating expenses and market conditions, before making an investment decision.
It's also worth noting that while total revenues have increased, the sales of franchises decreased from 2023 to 2024. Prospective franchisees should inquire about the reasons for this decrease and whether All County has strategies in place to boost franchise sales in the future.