What was the total operating revenue for B Bops in 2021?
B_Bops Franchise · 2025 FDDAnswer from 2025 FDD Document
2021
| _ | 2024 | 2023 | 2022 | 2021 | ||||
|---|---|---|---|---|---|---|---|---|
| Operating Revenue | ||||||||
| Royalties | 1 | 171,308 | _ | 153,244 | 168,937 | _ | 155,330 | |
| Total Operating Revenue | , $ | 171,308 | $ | 153,244 | $ | 168,937 | $ | 155,330 |
| Operating Expenses | ||||||||
| Professional Fees | $ | 22,283 | $ | 20,398 | $ | 20,472 | $ | 14,989 |
| Salaries | - | 100,000 | ||||||
| Payroll taxes | - | - | - | 1,450 | ||||
| Bank Charges | 572 | 502 | 504 | 519 | ||||
| Total Operating Expenses | $ | 22,855 | $ | 20,900 | $ | 20,976 | $ | 116,958 |
| Income From Operations | $ | 148,453 | $ | 132,344 | $ | 147,961 | $ | 38,372 |
| Other Income | ||||||||
| Interest Income | $ | 20,000 | $ | 9,599 | $ | 3,144 | $ | 3,506 |
| Total Other Income | $ | 20,000 | $ | 9,599 | $ | 3,144 | $ | 3,506 |
| Net Income | $ | 168,453 | $ | 141,943 | $ | 151,105 | $ | 41,878 |
Source: Item 21 — FINANCIAL STATEMENTS (FDD pages 52–53)
What This Means (2025 FDD)
According to B Bops's 2025 Franchise Disclosure Document, the total operating revenue for the company in 2021 was $155,330. This figure represents the income B Bops generated from its core business activities during that year. A prospective franchisee can use this information to understand the historical financial performance of the company.
Specifically, the operating revenue includes royalties, which are ongoing fees paid by franchisees to B Bops based on a percentage of their gross sales. In 2021, B Bops also reported operating expenses of $116,958, resulting in an income from operations of $38,372. These figures provide a more complete picture of the company's financial health and profitability during that period.
It's important to note that the financial statements include comparative data for 2023, 2022 and 2021 to provide a basis for comparison with 2024. These totals are not intended to present all information necessary for a fair presentation in conformity with accounting principles generally accepted in the United States of America. A prospective franchisee should review the complete audited financial statements for those years to gain a comprehensive understanding of B Bops's financial performance over time.