What was Aw's net income for the year ending December 31, 2023?
Aw Franchise · 2025 FDDAnswer from 2025 FDD Document
| ficit) | 617 | 11,732 |
|---|
STATEMENTS OF OPERATIONS AND MEMBERS' EQUITY (DEFICIT) RAYYAN PIZZA FRANCHISE LLC
| YEARS ENDING DECEMBER 31 | ||||
|---|---|---|---|---|
| 2023 | 2022 | |||
| Revenues | ||||
| Franchise fee revenue | $ 8,250 | $ 8,250 | ||
| Royalties | 203,473 | 240,600 | ||
| Total Revenue | 211,723 | 248,850 | ||
| Operating Expenses | 75,326 | 80,169 | ||
| Net Income | 136,397 | 168,681 | ||
| Members' Equity (Deficit) - Begi |
Source: Item 21 — FINANCIAL STATEMENTS (FDD page 39)
What This Means (2025 FDD)
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 for that year.
Specifically, Aw's total revenue for 2023 was $211,723, comprised of $8,250 in franchise fee revenue and $203,473 in royalties. The operating expenses totaled $75,326. The net income of $136,397 is calculated by subtracting the operating expenses from the total revenue.
Prospective franchisees should consider Aw's net income trends over multiple years to assess the financial health and stability of the company. Comparing revenue, expenses, and net income can provide insights into Aw's profitability and efficiency in managing its operations. This information, combined with other factors, can help potential franchisees make an informed decision about investing in an Aw franchise.