What was the amount of revenue recognized during 2023 for All Dogs Unleashed?
All_Dogs_Unleashed Franchise · 2025 FDDAnswer from 2025 FDD Document
| ended December 31: | |||
|---|---|---|---|
| 2024 | 2023 | ||
| Deferred revenue – beginning of year | $ 94,487. | $ 66,413. | |
| Revenue recognized during the year | (19,886) | (21,426) | |
| New deferrals | 20,000. | 49,500. | |
| Deferred revenue – end of year | $ 94,601. | $ 94,487. |
Source: Item 23 — RECEIPTS (FDD pages 49–158)
What This Means (2025 FDD)
According to the 2025 All Dogs Unleashed Franchise Disclosure Document, the revenue recognized during the year 2023 was $(21,426). This figure represents a decrease in deferred revenue that All Dogs Unleashed recognized as income during that year.
Deferred revenue typically consists of payments received for services or products that have not yet been fully delivered or earned. In the context of franchising, this often includes initial franchise fees that are recognized over the term of the franchise agreement. The negative value indicates that All Dogs Unleashed recognized a portion of previously deferred revenue as actual revenue during 2023.
For a prospective All Dogs Unleashed franchisee, this information provides insight into the financial performance and revenue recognition practices of the franchisor. Understanding how revenue is recognized can help franchisees assess the financial stability and growth potential of the All Dogs Unleashed franchise system.