What was the total revenue for Bb.Q Chicken in 2023?
Bb_Q_Chicken Franchise · 2025 FDDAnswer from 2025 FDD Document
ER'S EQUITY | $ 27,803,633 | $ 17,774,509 |
Consolidated Statements of Income and Deficit December 31, 2023 and 2022
| REVENUE Franchise and license fee revenues (Note 3) Product sales (Note 13) Total Revenue | $ 2023 9,238,838 49,680,268 58,919,106 | $ (restated) 2022 6,391,130 37,360,763 43,751,893 |
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Source: Item 23 — RECEIPTS (FDD pages 62–283)
What This Means (2025 FDD)
According to Bb.Q Chicken's 2025 Franchise Disclosure Document, the total revenue for 2023 was $58,919,106. This figure includes both franchise and license fee revenues, which amounted to $9,238,838, and product sales, which accounted for $49,680,268.
Understanding the composition of this revenue is important for prospective franchisees. Franchise and license fee revenues likely represent the income Bb.Q Chicken receives from franchisees through royalties, initial franchise fees, and other charges. Product sales, on the other hand, reflect the revenue generated from selling products to franchisees or potentially through company-owned stores.
For a potential franchisee, this information provides insight into the overall financial health and scale of Bb.Q Chicken. A significant increase in total revenue from 2022 to 2023 suggests growth and potentially a strong brand presence. Reviewing these figures in comparison to previous years, as available in the FDD, can further illustrate the brand's trajectory and market performance.
It's also worth noting that these figures represent the franchisor's revenue and not the revenue of individual franchise locations. A prospective franchisee would need to carefully examine Item 19 in the FDD, which provides financial performance representations for franchise locations, to understand potential revenues and expenses at the unit level.