What was the reported dues and subscriptions expense for Bb.Q Chicken in 2022?
Bb_Q_Chicken Franchise · 2025 FDDAnswer from 2025 FDD Document
ts, presentation, and disclosure accompanying consolidated financial statements.
Consolidated Schedule of Operation December 31, 2023 and 2022
Consolidated Schedule of Operation
| 2023 | 2022 | |
|---|---|---|
| OPERATING EXPENSES: | ||
| Advertising & marketing | $ 1,595,920 | $ 842,500 |
| Auto & local transportation | 55,921 | 49,906 |
| Bad debt expenses | 9,370 | 88,644 |
| Bank charges & credit card discounts | 196,556 | 176,111 |
| Commission | 424,518 | 370,079 |
| Communications | 73,870 | 38,199 |
| Consulting fees | 725,206 | 564,801 |
| Contribution | 150,279 | 71,000 |
| Depreciation & amortization (Note 2) | 368,402 | 233,324 |
| Dues & subscriptions | 261,806 | 183,954 |
| Employee benefits | 488,230 | 368,798 |
| Freight costs | 991,969 | 853,057 |
| Insurance | 231,502 | 256,419 |
| Lease expenses | 19,055 | 19,421 |
| Licenses & permits | 15,239 | 9,997 |
| Management fees | 16,599 | 32,297 |
| Meals & entertainment | 398,838 | 228,871 |
| Office supplies & expenses | 34,297 | 12,247 |
| Outside service & temporary help | - | 30,991 |
| Payroll processing fees | 24,683 | 15,935 |
| Payroll taxes | 511,255 | 371,530 |
| Penalty & interest | 4,980 | 5,857 |
| Professional fees | 609,952 | 435,249 |
| Rent | 1,436,564 | 1,252,684 |
| Repairs & maintenance | 284,944 | 267,582 |
| Research & development | 19,460 | 16,703 |
| Royalty expenses (Note 8) | 3,351,968 | 2,393,571 |
| Salaries | 5,969,810 | 3,940,577 |
| Sanitation | 117,259 | 71,308 |
| Security expenses | 38,192 | - |
Source: Item 23 — RECEIPTS (FDD pages 62–283)
What This Means (2025 FDD)
According to Bb.Q Chicken's 2025 Franchise Disclosure Document, the company's dues and subscriptions expense in 2022 was $183,954. This figure reflects the total expenditure Bb.Q Chicken incurred for dues and subscriptions during that year.
For a prospective franchisee, this number provides insight into the types of ongoing expenses Bb.Q Chicken incurs at the corporate level. While franchisees may not directly pay for these specific dues and subscriptions, understanding these costs can offer a clearer picture of the franchisor's overall financial management and resource allocation. These expenses could include subscriptions to industry-related publications, memberships in business associations, or other recurring fees that support the franchise system.
It's important to note that this figure represents expenses incurred by the franchisor, not the franchisee. Franchisees will have their own separate expenses for dues and subscriptions, which may include local chamber of commerce fees, subscriptions to trade magazines relevant to their business, or other similar costs. Reviewing the franchisor's expenses in relation to other line items, such as advertising and marketing or consulting fees, can provide a more comprehensive understanding of the franchisor's operational priorities and financial health.