What was the gross revenue of the All States M.E.D. location in Miami Lakes, FL in 2022?
All_States_M_E_D Franchise · 2024 FDDAnswer 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, the gross revenue for the Miami Lakes, FL location in 2022 was $832,521. The document also notes expense adjustments that would be incurred if the location were a franchised outlet, including royalties of 8%, amounting to $66,602.
For a prospective All States M.E.D. franchisee, this information provides insight into the potential revenue that a location in Miami Lakes, FL, could generate. However, it's important to note that this is the gross revenue of a specific location for a single year and may not be representative of all locations or future performance. The expense adjustments listed are hypothetical, showing what expenses would be if it were a franchise, and include royalty fees.
This data is useful for understanding the financial dynamics of an All States M.E.D. business. A potential franchisee should consider these figures as part of a broader due diligence process, which should include a thorough review of the FDD, discussions with existing franchisees, and independent market research. Understanding the potential revenue and associated expenses is crucial for assessing the financial viability of an All States M.E.D. franchise.
It is important to remember that past performance is not indicative of future results, and various factors can influence the revenue and expenses of a franchise location. Prospective franchisees should carefully evaluate all available information and seek professional advice before making any investment decisions.