What was the franchise fee revenue (over time) for All Dogs Unleashed in 2022?
All_Dogs_Unleashed Franchise · 2025 FDDAnswer from 2025 FDD Document
| The following table disaggregates revenue by source for the years ended December 31: | ||||
|---|---|---|---|---|
| 2024 | 2023 | 2022 | ||
| Point in time: | ||||
| Franchise fee revenue | $ - | $ 10,500 | $ 10,500 | |
| Royalty revenue | 375,618 | 373,390 | 254,499 | |
| Other revenue | 29,446 | 15,939 | - | |
| Total point in time | $ 405,064 | $ 399,829 | $ 264,999 | |
| Over time: | ||||
| Franchise fee revenue | 10,939 | 10,926 | 4,087 | |
| Total revenues | $ 416,003 | $ 410,755 | $ 269,086 |
Source: Item 23 — RECEIPTS (FDD pages 49–158)
What This Means (2025 FDD)
According to All Dogs Unleashed's 2025 Franchise Disclosure Document, the franchise fee revenue recognized 'over time' for the year 2022 was $4,087. This figure represents the portion of initial franchise fees that All Dogs Unleashed recognizes as revenue over the term of the franchise agreement, rather than immediately upon signing. This accounting practice reflects the ongoing services and support that All Dogs Unleashed provides to franchisees throughout their agreement term.
For a prospective franchisee, understanding the distinction between 'point in time' and 'over time' revenue recognition is crucial. The 'point in time' revenue typically relates to the initial franchise fee, while the 'over time' revenue reflects the allocation of franchise fees across the duration of the franchise agreement. This can impact All Dogs Unleashed's reported financial performance in any given year.
It's important to note that the 'over time' franchise fee revenue is substantially smaller than the 'point in time' revenue, indicating that All Dogs Unleashed primarily recognizes franchise fee revenue upfront. Franchisees should consider these revenue streams when evaluating the financial health and stability of All Dogs Unleashed, as well as how the franchisor invests in ongoing support and development of the franchise system.