What was the net income for Aw in 2023?

According to Aw's 2025 Franchise Disclosure Document, the company's net income for the year ending December 31, 2023, was $136,397. This figure represents the profit Aw retained after deducting all operating expenses from its total revenue, which included franchise fee revenue and royalties. In comparison, Aw's net income for the previous year, 2022, was $168,681, indicating a decrease in net income from 2022 to 2023.

It's important to note that Aw's financial statements are prepared in conformity with accounting principles generally accepted in the United States of America, which requires management to make estimates and assumptions. These estimates can affect the reported amounts of assets, liabilities, revenues, and expenses. Therefore, actual results could vary from these estimates. Additionally, Aw has elected to be taxed as a limited liability corporation, meaning that income and expenses pass through directly to the members' individual income tax returns.

Prospective franchisees should consider Aw's net income trends and the factors that may influence these figures. Understanding the revenue streams, operating expenses, and accounting practices can provide valuable insights into the financial health and stability of the franchise. Reviewing the complete financial statements and notes, along with consulting with a financial advisor, is recommended to assess the potential risks and rewards of investing in an Aw franchise.