What was the total revenue related to Beauty Bungalows franchises in 2023?
Beauty_Bungalows Franchise · 2025 FDDAnswer from 2025 FDD Document
actors.
2. Summary of significant accounting policies and nature of operations (continued)
Revenues by timing of recognition were as follows:
| 2024 | 2023 | |||
|---|---|---|---|---|
| Point in time: | ||||
| Franchise fees | $ | 46,800 | $ | - |
| Technology fee | 200 | |||
| Total |
Source: Item 21 — FINANCIAL STATEMENTS (FDD page 47)
What This Means (2025 FDD)
According to Beauty Bungalows' 2025 Franchise Disclosure Document, the total revenue for Beauty Bungalows in 2023 was $0. This figure represents the income generated from franchise fees and technology fees during that year.
As a prospective franchisee, this indicates that 2023 was a very early stage in Beauty Bungalows' franchising efforts, as no franchise locations were open yet and generating revenue. The company collected $47,000 in 2024, suggesting that franchise sales began to materialize in that year.
It's important to note that this revenue reflects only the income of Beauty Bungalows Franchising, LLC, and not the revenue of individual franchise locations. The financial success of individual franchise locations would depend on factors such as location, operating costs, and market demand. A potential franchisee should investigate how Beauty Bungalows plans to grow revenue in the coming years.