What was the amount of distributions to parent for Benjamin Franklin Plumbing in 2022?
Benjamin_Franklin_Plumbing Franchise · 2025 FDDAnswer from 2025 FDD Document
ures or exercises of these award during the years ended December 31, 2024 and 2023.
12. Related Parties
The Company has related party transactions with the Parent and Guarantor, which for the years ended December 31, 2024, 2023 and 2022 consisted of a distribution to Guarantor related to the Parent's centralized cash management arrangement, general and administrative expenses and stock-based compensation allocated to the C
Source: Item 22 — CONTRACTS (FDD pages 87–88)
What This Means (2025 FDD)
According to the 2025 FDD, in 2022, Benjamin Franklin Plumbing's parent company received $69,644 in distributions. This is part of a broader financial overview presented in the FDD.
This figure indicates the amount of money distributed from Benjamin Franklin Plumbing to its parent company, which could be for various reasons such as covering shared expenses, returning capital, or as part of a financial strategy. Franchisees should consider this when evaluating the financial stability and structure of the Benjamin Franklin Plumbing franchise system.
Understanding the financial relationship between Benjamin Franklin Plumbing and its parent company can provide insights into how the franchise operates and manages its finances. Prospective franchisees should analyze these figures in conjunction with other financial data in the FDD to assess the overall financial health and sustainability of the franchise system.