What was the amount paid by Benjamin Franklin Plumbing to Thoughtworks in 2023 for expenses?
Benjamin_Franklin_Plumbing Franchise · 2025 FDDAnswer from 2025 FDD Document
services to the Company for the year ended December 31, 2023.
Board fees were paid to stockholders who provided services through membership on the Company board.
The Company also employs nineteen individuals as of December 31, 2024, twenty-six as of December 31, 2023 and twenty-seven as of December 31, 2022, who own and operate franchises of wholly owned subsidiary businesses. The Company reco
Source: Item 22 — CONTRACTS (FDD pages 87–88)
What This Means (2025 FDD)
According to the 2025 Franchise Disclosure Document, Benjamin Franklin Plumbing's expenses paid to Thoughtworks in 2023 were $1,608. This figure is part of a table that outlines transactions with related parties through common ownership.
This information is relevant for prospective franchisees as it provides insight into the financial relationships and transactions between Benjamin Franklin Plumbing and other entities. Understanding these relationships can help franchisees assess the financial stability and management practices of the franchisor.
It's important to note that these expenses are specific to the 2023 fiscal year, and may not be representative of future expenses. Franchisees should review this information in the context of the overall financial health of Benjamin Franklin Plumbing and consider potential changes in these relationships when making their investment decision.