What was the deferred revenue for All Dogs Unleashed as of December 31, 2023?
All_Dogs_Unleashed Franchise · 2025 FDDAnswer from 2025 FDD Document
ents as of December 31, 2024:
| 2025 | $ 1,000. |
|---|---|
| 2026 | 1,000. |
| 2027 | 1,000. |
| 2028 | 1,000. |
| 2029 | 1,000. |
| Thereafter | 3,003. |
| Total | $ 8,003. |
Contract Liabilities
Contract liabilities consist of deferred revenue resulting from initial franchise fees,
Source: Item 23 — RECEIPTS (FDD pages 49–158)
What This Means (2025 FDD)
According to All Dogs Unleashed's 2025 Franchise Disclosure Document, the deferred revenue as of December 31, 2023, was $94,487. This represents revenue that All Dogs Unleashed has received but not yet earned as of that date. This commonly includes franchise fees or other payments for services that will be provided in the future.
Deferred revenue is a key indicator of future financial performance. The table also shows that the deferred revenue at the beginning of 2023 was $66,413. During the year, All Dogs Unleashed recognized $21,426 of deferred revenue as actual revenue and added $49,500 in new deferrals.
For a prospective All Dogs Unleashed franchisee, understanding deferred revenue can provide insight into the company's sales and revenue recognition practices. It also highlights the importance of understanding how franchise fees and other payments are accounted for, as these amounts are initially recorded as deferred revenue and recognized over time as services are rendered or obligations are met.