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What was the net income for Bens Soft Pretzels in 2023?

Bens_Soft_Pretzels Franchise · 2025 FDD

Answer from 2025 FDD Document

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BEN'S SOFT PRETZELS FRANCHISING CORPORATION STATEMENTS OF CASH FLOWS

For the Years Ended December 31, 2024, 2023, and 2022

2024 2023 2022
Cash flows from oper

Source: Item 21 — FINANCIAL STATEMENTS (FDD page 46)

What This Means (2025 FDD)

According to Bens Soft Pretzels' 2025 Franchise Disclosure Document, the net income for the company in 2023 was $262,767. This figure is derived from the audited financial statements included in the FDD, which provide a detailed overview of the company's financial performance over the past three years. The FDD includes financial statements for the years 2022, 2023, and 2024. These statements offer prospective franchisees insight into the financial health and profitability of Bens Soft Pretzels.

Understanding the net income is crucial for potential franchisees as it reflects the company's overall profitability after accounting for all revenues and expenses. A consistent and positive net income, as seen with Bens Soft Pretzels, can be an indicator of a stable and well-managed franchise system. Franchisees can use this information to assess the financial stability of the franchisor and to make informed decisions about their investment. It's important to note that past performance is not necessarily indicative of future results, but it provides a valuable benchmark for evaluation.

In addition to net income, the FDD provides a breakdown of various revenue streams and expenses, allowing for a more granular analysis of the company's financial performance. For instance, the document details revenue from initial franchise fees, royalty fees, advertising fund fees, and other income. It also outlines operating expenses and other income (expenses) such as interest income, interest expense, and any gains on the sale of assets. This level of detail enables prospective franchisees to understand the different factors that contribute to the company's overall financial health.

Furthermore, the FDD includes balance sheets and statements of cash flow, offering a comprehensive view of Bens Soft Pretzels' financial position. These statements provide insights into the company's assets, liabilities, and cash flow activities, which are essential for assessing its long-term financial stability. Prospective franchisees should carefully review these financial statements and consult with a financial advisor to fully understand the implications of these figures before making an investment decision.

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.