table_specific

What was the technology fee revenue for Beauty Bungalows in 2024?

Beauty_Bungalows Franchise · 2025 FDD

Answer from 2025 FDD Document

rida | 2 | 2 | 0 | | Totals | 7 | 13 | 1 |

Beauty Bungalows Franchising, LLC STATEMENTS OF OPERATIONS For the years ended December 31, 2024 and 2023

2024 2023

Source: Item 21 — FINANCIAL STATEMENTS (FDD page 47)

What This Means (2025 FDD)

According to Beauty Bungalows' 2025 Franchise Disclosure Document, the technology fee revenue for 2024 was $200. This revenue is categorized under 'Operating revenues' in the financial statements. In comparison, there is no technology fee revenue listed for 2023 in the provided table.

This indicates that Beauty Bungalows had minimal income from technology fees during the specified period. For a prospective franchisee, this could mean that technology-related services or support provided by the franchisor are either not a significant revenue source or are included within other fees.

It's important to note that while the technology fee revenue is explicitly stated, the FDD does not detail what specific services or products this fee covers. A potential franchisee should seek clarification from Beauty Bungalows regarding the nature of these technology-related services and whether this fee is likely to increase as the franchise system grows.

Disclaimer: This information is extracted from the 2025 Franchise Disclosure Document and is provided for research purposes only. It does not constitute legal or financial advice. Consult with a franchise attorney before making any investment decisions.