What was the third month revenue for the Alloy Novi MI location?
Alloy Franchise · 2025 FDDAnswer from 2025 FDD Document
ng Dates 1/1/24 - 12/31/24**
Monthly revenue for 41 Franchisee Facilities that opened in 2024 but were not open for the entire 2024 Measurement Period.*
| Location | Opened | Mo. 1 | Mo. 2 | Mo. 3 | Mo. 4 | Mo. 5 | Mo. 6 | Mo. 7 | Mo. 8 | Mo. 9 | Mo. 10 | Mo. 1 1 | Mo.
Source: Item 19 — FINANCIAL PERFORMANCE REPRESENTATIONS (FDD pages 57–62)
What This Means (2025 FDD)
According to Alloy's 2025 Franchise Disclosure Document, the revenue for the Novi, MI location in its third month of operation was $20,276. The Alloy Novi MI location opened in July 2024. This data is part of a larger table presenting monthly revenue for 41 franchisee facilities that opened during 2024 but were not open for the entire year.
This information is valuable for prospective franchisees as it provides insight into the revenue trajectory of new Alloy locations during their initial months. By examining the performance of other locations that opened in 2024, potential franchisees can develop a more realistic expectation of their own potential revenue growth during the critical early stages of operation.
However, it's important to recognize that these figures represent historical performance and may not be indicative of future results. Factors such as location, market conditions, and the franchisee's management capabilities can significantly impact actual revenue. The FDD also includes a note indicating that 'Some outlets have sold this amount. Your individual results may differ. There is no assurance that you'll sell as much.'
Prospective franchisees should carefully consider these factors and conduct their own due diligence, including market research and financial planning, to assess the viability of an Alloy franchise in their target area. Reviewing the performance of multiple locations and understanding the factors that contribute to their success or failure can help in making a more informed investment decision.