factual

What is the gross revenue figure presented in the All States M.E.D. example?

All_States_M_E_D Franchise · 2024 FDD

Answer from 2024 FDD Document

Miami Lakes, FL 2022
Gross Revenue $832,521
Less Expense Adjustments that would be incurred
if this were a franchised outlet:
Royalties (8%) ($66,602)

Source: Item 17 — RENEWAL, TERMINATION, TRANSFER, AND DISPUTE RESOLUTION (FDD pages 32–39)

What This Means (2024 FDD)

According to All States M.E.D.'s 2024 Franchise Disclosure Document, an example is provided with a gross revenue figure. The example shows a Miami Lakes, FL location in 2022 generating a gross revenue of $832,521. This figure is before any expense adjustments that would be incurred if the location were a franchised outlet.

This gross revenue figure is presented as part of an example scenario. It is important to note that this is just one location's performance in a specific year and may not be representative of the typical performance of an All States M.E.D. franchise. Prospective franchisees should not rely solely on this figure when evaluating the potential profitability of an All States M.E.D. franchise.

In addition to the gross revenue, the example also includes a deduction for royalties, calculated as 8% of the gross revenue, amounting to $66,602. This royalty expense is an example of the costs a franchisee would incur. Understanding these potential expenses is crucial for assessing the financial viability of the franchise. A prospective franchisee should conduct thorough due diligence, including reviewing the complete Item 19 of the FDD (if available) and consulting with financial advisors, to develop realistic financial projections for their specific circumstances.

Disclaimer: This information is extracted from the 2024 Franchise Disclosure Document and is provided for research purposes only. It does not constitute legal or financial advice. Consult with a franchise attorney before making any investment decisions.