What was the total operating revenue for B Bops in 2024?
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 |
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 2024 was $171,308. This revenue is derived from royalties. The FDD also provides comparative data for previous years, showing the total operating revenue was $153,244 in 2023, $168,937 in 2022, and $155,330 in 2021.
For a prospective B Bops franchisee, understanding the franchisor's revenue is crucial as it provides insight into the financial health and stability of the company. A consistent or growing revenue trend, as seen in B Bops's figures, can be a positive indicator. However, it is important to note that the franchisor's revenue does not directly translate to a franchisee's potential earnings. Franchisee earnings depend on various factors, including location, operating costs, and management skills.
It is also important to consider the expenses B Bops incurs. In 2024, B Bops had total operating expenses of $22,855, which included professional fees of $22,283 and bank charges of $572. Reviewing these expenses alongside the revenue helps to assess the overall profitability of the franchisor. Additionally, the FDD includes details about other income, such as interest income, which was $20,000 in 2024. This provides a more comprehensive view of the company's financial performance.
Prospective franchisees should analyze these financial statements carefully and compare them to industry benchmarks to evaluate the financial viability of investing in a B Bops franchise. Consulting with a financial advisor is recommended to fully understand the implications of these figures and how they relate to the potential success of a franchise location.