According to the table, what were the receipts for Beef O Bradys in 2024?
Beef_O_Bradys Franchise · 2025 FDDAnswer from 2025 FDD Document
| 2024 | 2023 | ||
|---|---|---|---|
| Beef 'O' Brady's Fund | |||
| Franchise marketing and advertising fees | $ 1 ,119,000 | $ 1,096,000 | |
| Salaries and overhead charges | 25,000 | 25,000 | |
| Brass Tap Fund | |||
| Franchise marketing and advertising fees | 21,000 | 27,000 | |
| Salaries and overhead charges | 25,000 | 25,000 |
Source: Item 23 — RECEIPTS. (FDD pages 66–330)
What This Means (2025 FDD)
According to Beef O Bradys's 2025 Franchise Disclosure Document, the receipts for the Beef 'O' Brady's Fund in 2024 included franchise marketing and advertising fees of $1,119,000 and salaries and overhead charges of $25,000. Additionally, the Brass Tap Fund had franchise marketing and advertising fees of $21,000 and salaries and overhead charges of $25,000 in 2024.
These figures reflect the financial interactions between Beef O Bradys and its marketing and development funds. Franchisees should understand that these fees are collected and managed to support the brand's marketing and advertising efforts, as well as to cover overhead costs associated with these activities.
Prospective franchisees should inquire about how these funds are used, the specific marketing strategies employed, and the overall effectiveness of the marketing and advertising campaigns. Understanding the allocation and impact of these fees is crucial for assessing the value and potential return on investment for a Beef O Bradys franchise.