factual

What was the cost to obtain contracts through commissions for Benjamin Franklin Plumbing in 2023?

Benjamin_Franklin_Plumbing Franchise · 2025 FDD

Answer from 2025 FDD Document

ted to close during 2025. As of December 31, 2024 the software is classified as an asset held and used as the Company continues to use the software until a

Source: Item 22 — CONTRACTS (FDD pages 87–88)

What This Means (2025 FDD)

According to Benjamin Franklin Plumbing's 2025 Franchise Disclosure Document, the cost to obtain contracts through commissions in 2023 was $10,729. This figure represents the expenses incurred by Benjamin Franklin Plumbing in securing contracts, specifically through commission-based compensation. This is an expense that a new franchisee can anticipate as part of their operating costs.

These costs are part of the overall expenses related to securing new business and building a customer base. Understanding these costs is crucial for budgeting and financial planning. Franchisees should analyze these figures in relation to their own market conditions and business strategies to project their potential expenses.

It's important to note that these costs can fluctuate from year to year, as seen by the increase to $12,104 in 2024. Factors influencing these costs could include changes in commission structures, market competition, and the effectiveness of sales and marketing efforts. Prospective franchisees should discuss with Benjamin Franklin Plumbing the strategies used to manage and optimize these costs to ensure a healthy return on investment.

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.