How much did Bb.Q Chicken spend on rent in 2023?
Bb_Q_Chicken Franchise · 2025 FDDAnswer from 2025 FDD Document
The Company operates as a Franchisor of B.B.Q Chicken. Franchise revenues principally consist of royalties, as well as marketing fees, which are primarily based on a percentage of franchise revenue. Franchise revenue also includes initial franchise fees, which are recognized as revenue when a substantial performance of franchisor obligation is complete, which is generally when a franchised unit is opened. The principal business address of the Company is 2134 North Central Road, Fort Lee, NJ 07024.
BBDOTQUSA KTOWN, INC. commenced operation in the State of New York on November 24, 2016, as a full-service restaurant.
BBDOTQUSA MIDTOWN, INC. commenced operation in the State of New York on August 15, 2022, as a full-service restaurant.
BBDOTQUSA ENGLEWOOD INC. commenced operation in the State of New Jersey on May 05, 2023, as a limited-service restaurant.
Source: Item 23 — RECEIPTS (FDD pages 62–283)
What This Means (2025 FDD)
I am unable to provide the specific amount Bb.Q Chicken spent on rent in 2023, as this information is not available in the provided excerpts from the 2025 Franchise Disclosure Document. The excerpts do include financial statements, but they do not break down specific expenses like rent. The FDD includes information on franchise fees, royalties, and marketing fees, as well as the brand's accounting practices. It also details the obligations and responsibilities of both the franchisor and franchisee, including site selection, territory, and marketing. However, it does not disclose the franchisor's specific expenses.
A prospective franchisee would likely want to know the franchisor's expenses to understand the financial health and stability of the company. Knowing the franchisor's major expenses, like rent, can provide insight into how the company manages its finances and allocates resources. This information can be helpful in assessing the overall risk and potential return on investment of the franchise opportunity.
To obtain information on Bb.Q Chicken's rent expenses, a prospective franchisee should consider asking the franchisor directly for detailed financial statements or requesting to speak with existing franchisees about their experiences and insights into the company's financial performance. Reviewing the complete FDD and consulting with a financial advisor are also recommended to gain a comprehensive understanding of the franchise's financial aspects.