What was the total amount of receipts for Alloy franchise units that were not yet opened in 2023?
Alloy Franchise · 2025 FDDAnswer from 2025 FDD Document
| 2024 | 2023 | |
|---|---|---|
| Franchise units not yet opened | $ 8,379,085 | $7,224,227 |
| Opened franchise units | 2,036,808 | 710,971 |
| Total | $ 10,415,893 | $7,935,198 |
Source: Item 23 — RECEIPTS (FDD pages 69–245)
What This Means (2025 FDD)
According to Alloy's 2025 Franchise Disclosure Document, franchise units that were not yet opened generated $7,224,227 in receipts during 2023. This figure reflects revenue received by Alloy related to franchise units before those units commenced operations.
For a prospective franchisee, this indicates the level of financial activity associated with new franchise locations prior to their official launch. These receipts could be from various sources, such as initial franchise fees, pre-opening training programs, or other services provided by Alloy to franchisees during the setup phase.
It's important to note that these receipts do not represent the revenue generated by operating franchise units. Instead, they provide insight into the financial transactions occurring as new franchisees prepare to launch their Alloy personal training businesses. Understanding these pre-opening revenue streams can help potential franchisees gauge the support and resources Alloy provides during the initial stages of franchise development.