What were the total distributions for Apricot Lane in 2023?
Apricot_Lane Franchise · 2025 FDDAnswer from 2025 FDD Document
59,242 | | Net Income (Loss) | $ 214,496 | $ 4,020 |
| Com | man Stack | Poid | l in Capital | Retained Earnings | Total | ||
|---|---|---|---|---|---|---|---|
| Polomos Dosember 21, 2022 | Common Stock | · | |||||
| Balances, December 31, 2022 | $ | 24,563 | $ | 90,000 | $ 317,039 | S | 431,602 |
| Distributions | - | - | (174,000) | (174,000) | |||
| Net Income | - | 4,020 , | 4,020 -, | ||||
| Balances, December 31, 2023 | $ | 24,563 | $ | 90,000 | $ 147,059 | $ | 261,622 |
| Distributions | - | - | - | - | |||
| Net Income | - | - | 214,496 | 214,496 |
Source: Item 23 — RECEIPTS (FDD pages 51–222)
What This Means (2025 FDD)
According to Apricot Lane's 2025 Franchise Disclosure Document, the total distributions for the company in 2023 were $174,000. This figure represents the amount of money distributed, presumably to shareholders or owners, from the company's retained earnings during that year.
For a prospective Apricot Lane franchisee, understanding the franchisor's distribution history can offer insights into the financial management and profitability of the company. A consistent pattern of distributions may indicate financial stability and success, while fluctuations or the absence of distributions could raise questions about the company's financial health.
It's important to note that distributions are not necessarily indicative of overall profitability, as they can be influenced by various factors, such as investment strategies, debt obligations, and owner decisions. Therefore, prospective franchisees should consider distributions in conjunction with other financial metrics, such as net income and cash flow, to gain a comprehensive understanding of Apricot Lane's financial performance.
It is also important to note that the company has elected to be taxed as an S corporation, so the stockholders pay tax on their respective shares of such income.