What was Aw's franchise fee revenue for the year ending December 31, 2023?

According to Aw's 2025 Franchise Disclosure Document, the franchise fee revenue for the year ending December 31, 2023, was $8,250. This figure represents the income Aw received from initial franchise fees paid by new franchisees joining the system during that year. Franchise fee revenue is a key indicator of Aw's growth and ability to attract new franchisees.

It's important to note that Aw also earns revenue from royalties paid by franchisees. In 2023, royalty revenue totaled $203,473, significantly exceeding the franchise fee revenue. This indicates that Aw's primary revenue source is ongoing royalties from its existing franchise network, rather than initial fees from new franchisees. This revenue structure is common in franchising, as it aligns the franchisor's success with the performance of its franchisees.

In addition to franchise fee and royalty revenue, Aw's total revenue for the year ending December 31, 2023, was $211,723. After deducting operating expenses of $75,326, Aw reported a net income of $136,397 for the year. These figures provide a snapshot of Aw's overall financial performance and profitability during the specified period. A prospective franchisee should analyze these financial statements carefully to assess the financial health and stability of the Aw franchise system.