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What were the operating expenses for Aw for the year ending December 31, 2023?

Aw Franchise · 2025 FDD

Answer from 2025 FDD Document

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STATEMENTS OF OPERATIONS AND MEMBERS' EQUITY (DEFICIT) RAYYAN PIZZA FRANCHISE LLC

YEARS ENDING DECEMBER 31
2024 2023
Revenues
Franchise fee revenue $ 8,000 $ 8,250
Royalties 190,526 203,473
Total Revenue 198,526 211,723
Operating Expenses 39,530 75,326
Net Income 158,996 136,397
Members' Equity (Deficit) - Beginning 617 11,732
Membe

Source: Item 21 — FINANCIAL STATEMENTS (FDD page 39)

What This Means (2025 FDD)

According to Aw's 2025 Franchise Disclosure Document, the operating expenses for the year ending December 31, 2023, were $75,326. This figure is part of Aw's financial statements, which also include revenue, net income, and members' equity information for comparison.

For a prospective Aw franchisee, understanding the operating expenses is crucial for assessing the financial health and profitability of the franchise. It provides insight into the costs associated with running the business, which, when compared to revenue, helps determine the net income. Knowing this figure allows potential franchisees to forecast their own potential earnings and manage their finances effectively.

It's also useful to compare the 2023 operating expenses to those of the previous year. The FDD shows that Aw's operating expenses for the year ending December 31, 2022, were $80,169. This decrease in operating expenses from 2022 to 2023 could indicate improved efficiency or cost-saving measures implemented by Aw. Reviewing these trends over multiple years can provide a more comprehensive understanding of the financial performance and stability of the franchise.

When evaluating this information, a potential franchisee should also consider factors that could influence future operating expenses, such as changes in market conditions, increased competition, or fluctuations in the cost of goods and services. It is important to conduct thorough due diligence and consult with financial advisors to make informed decisions about investing in an Aw franchise.

Disclaimer: This information is extracted from the 2025 Franchise Disclosure Document and is provided for research purposes only. It does not constitute legal or financial advice. Consult with a franchise attorney before making any investment decisions.