How much revenue was recognized during the period of 2024 for Bananas Smoothies Frozen Yogurt?
Bananas_Smoothies_Frozen_Yogurt Franchise · 2025 FDDAnswer from 2025 FDD Document
s) Due to affiliates Total current liabilities | $ | 9,399 191,491 9,993 45,584 256,467 | $ 11,405 171,722 13,583 10,443 207,153 | | Long-term liabilities: Deferred revenue, net of current (opened stores) Total liabilities | | 13,823 270,290 | 23,816 230,969 | | Commitments and contingencies (Notes 1, 5 and 7) | | | | | Members' equity | | 116,716 | 353,015 | | TOTAL LIABILITIES AND MEMBERS' EQUITY | $ | 387,006 | $ 583,984 |
(A Limited Liability Company) STATEMENTS OF INCOME
FOR THE YEARS ENDED DECEMBER 29, 2024, DECEMBER 31, 2023, AND DECEMBER 25, 2022
| 2024 | 2023 | 2022 | ||||
|---|---|---|---|---|---|---|
| Revenues: | ||||||
| Royalties | $ | 589,898 | $ | 643,409 | $ | 677,140 |
| Advertising fund revenues | 49,793 | 60,608 | 71,085 | |||
| Franchise fees and transfer fees | 13,583 | _ | 13,584 | _ | 15,527 | |
| Total revenues | 653,274 | _ | 717,601 | _ | 763,752 | |
| Operating expenses: | ||||||
| Administration and management fe |
Source: Item 23 — RECEIPT (FDD pages 58–231)
What This Means (2025 FDD)
According to the 2025 FDD, Bananas Smoothies Frozen Yogurt recognized total revenues of $653,274 in 2024. This figure is comprised of several revenue streams, including royalties, advertising fund revenues, and franchise and transfer fees. Royalties accounted for $589,898, advertising fund revenues totaled $49,793, and franchise fees and transfer fees contributed $13,583 to the total revenue for the year.
These figures provide insight into the financial performance of Bananas Smoothies Frozen Yogurt. A prospective franchisee can use this information to understand the revenue streams and their relative contributions to the company's overall financial health. It's important to note that these figures reflect the franchisor's revenue and not the revenue of individual franchise locations.
In addition to total revenues, the FDD also provides details on the company's operating expenses. In 2024, Bananas Smoothies Frozen Yogurt had total operating expenses of $405,059, resulting in an income from operations of $248,215. After accounting for other income, such as interest income of $10,486, the company's net income for 2024 was $258,701. This information can be useful for potential franchisees to assess the overall profitability of the franchise system.
It is important for prospective franchisees to review the entire Item 23 of the FDD, which includes financial statements, to gain a comprehensive understanding of the franchisor's financial performance. Additionally, consulting with a financial advisor is recommended to interpret these figures in the context of their own investment goals and risk tolerance.