What was the total revenue recognized over time for All Dogs Unleashed in the third column?
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 table provided disaggregates revenue by source for the years ended December 31, 2024, 2023, and 2022. For revenue recognized 'over time,' specifically franchise fee revenue, the amount listed for 2022 is $4,087. The total revenues recognized over time for 2022 is $269,086.
It is important to note that 'point in time' revenue and 'over time' revenue are separated in this table. 'Point in time' revenue includes franchise fee revenue, royalty revenue, and other revenue. 'Over time' revenue includes franchise fee revenue and total revenues.
A prospective franchisee should pay close attention to how All Dogs Unleashed recognizes revenue, as this can impact the franchisee's financial obligations and reporting requirements. Understanding the distinction between 'point in time' and 'over time' revenue recognition is crucial for accurate financial planning and management.