What was the total operating revenue for Antioch Pizza Shop in 2022?

According to Antioch Pizza Shop's 2025 Franchise Disclosure Document, the total operating revenue for the company in 2022 was $390,926. This revenue is comprised of several components, including royalties, marketing fees, initial franchise fees, and other operational revenue. In 2022, Antioch Pizza Shop generated $204,692 in royalties and $55,007 in marketing fees. Additionally, the company reported $131,227 in other operational revenue. Notably, Antioch Pizza Shop did not collect any initial franchise fees during 2022, according to the financial statement.

For a prospective franchisee, understanding the composition and trends in Antioch Pizza Shop's revenue is crucial. The consistent generation of revenue from royalties and marketing fees suggests a stable base of operating franchise locations. The absence of initial franchise fees in 2022 could indicate a slower pace of franchise expansion during that period, or it could reflect specific accounting practices related to when these fees are recognized. Franchisees should inquire about the factors influencing these revenue streams to assess the company's growth trajectory and financial health.

It is also important to note that the financial statement provides a snapshot of Antioch Pizza Shop's revenue at the corporate level and does not reflect the financial performance of individual franchise units. While the franchisor's financial stability is an important consideration, prospective franchisees should also seek information about the typical revenue and expenses of existing franchise locations. This information is typically found in Item 19 of the FDD, which provides financial performance representations for franchisees.

Reviewing the trends in revenue over the three-year period (2022-2024) can offer insights into the company's growth and stability. While the total operating revenue increased from $379,901 in 2023 to $503,478 in 2024, it is important to understand the factors driving these changes. For example, an increase in royalties could indicate growth in the number of operating franchise locations or an increase in sales at existing locations. Similarly, changes in marketing fees and other operational revenue could reflect changes in the company's marketing strategies or other business activities. A prospective franchisee should seek clarification on these trends to make an informed investment decision.