table_specific

What was the total operating 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
Operating revenues:
Revenue $ 46,800 $ -
Technology fee 200 -
Total operating revenues 47,000 -
Operating expenses:
Consulting costs 182,185 -
Advertising & marketing 21,514 10,613
Legal fees 18,433 47,102
Software 13,464 -
Referral fee 12,626 -
Professional fees 12,195 -
Travel 9,133 1,538
Insurance 7,722 -
Supplies 5,644 -
Rent 3,000 6,500
Meals & entertainment 2,128 _
Office supplies 1,362 19,274
Other expenses 895

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

What This Means (2025 FDD)

According to Beauty Bungalows' 2025 Franchise Disclosure Document, the total operating revenue for the company in 2024 was $47,000. This revenue was comprised of $46,800 in revenue and $200 in technology fees. In contrast, Beauty Bungalows had no operating revenue in 2023.

It is important to note that while Beauty Bungalows generated $47,000 in operating revenue in 2024, their total operating expenses amounted to $290,301, resulting in an operating loss of $243,301. The operating expenses included consulting costs of $182,185 and advertising and marketing expenses of $21,514. This indicates that the company's expenses significantly exceeded its revenue during this period.

A prospective franchisee should carefully consider these financial figures. While the increase in operating revenue from $0 in 2023 to $47,000 in 2024 may seem positive, the substantial operating loss suggests that the company is still in its early stages of development and is investing heavily in its growth. A potential franchisee should inquire about the franchisor's plans to increase revenue and manage expenses to achieve profitability.

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.