What was the total revenue for Benjamin Franklin Plumbing in 2023?
Benjamin_Franklin_Plumbing Franchise · 2025 FDDAnswer from 2025 FDD Document
ter | 90,053 $ 240,023 | During the periods presented, the Company did not recognize any goodwill impairment.
9. Accrued and Other Liabilities
Accrued and other liabilities consisted of the following as
Source: Item 22 — CONTRACTS (FDD pages 87–88)
What This Means (2025 FDD)
The 2025 Franchise Disclosure Document for Benjamin Franklin Plumbing does not explicitly state the total revenue for the company in 2023. However, it does provide information on deferred revenue and other long-term liabilities. In 2023, Benjamin Franklin Plumbing had $27,640 in deferred revenue and $364 listed as 'other', resulting in total other long-term liabilities of $28,004.
While this information is related to the company's financial status, it does not provide a complete picture of the overall revenue generated by Benjamin Franklin Plumbing during that year. A prospective franchisee would likely want to know the total revenue to assess the financial health and performance of the franchisor.
To obtain a clearer understanding of Benjamin Franklin Plumbing's financial performance, a potential franchisee should ask the franchisor directly for their total revenue figures for 2023. This information, combined with other data in the FDD, will help in evaluating the franchise opportunity.