What was the revenue from operations for Best Brains for the year ended December 31, 2022?
Best_Brains Franchise · 2025 FDDAnswer from 2025 FDD Document
| 9. Revenue from Operations | Year Ended December 31, 2023 | Year Ended December 31, 2022 |
|---|---|---|
| Advertising | 344,541.00 | 307,651.00 |
| Franchise Sales | 75,983.39 | 87,335.07 |
| Material Charges | 1,974,379.48 | 1,325,611.12 |
| Royalties | 3,502,324.26 | 2,745,935.52 |
| Support Services | 98,484.97 |
Source: Item 21 — FINANCIAL STATEMENTS (FDD page 42)
What This Means (2025 FDD)
According to Best Brains's 2025 Franchise Disclosure Document, the revenue from operations is broken down into several categories. For the year ended December 31, 2022, Best Brains' revenue from advertising was $307,651.00. Revenue from franchise sales totaled $87,335.07. Material charges accounted for $1,325,611.12 in revenue. Royalties brought in $2,745,935.52.
These figures provide insight into the different revenue streams that contribute to Best Brains' overall financial performance. A prospective franchisee can analyze these numbers to understand where the company's income is primarily derived from, which can inform their own business strategies and expectations.
It's important to note that the revenue from operations does not include all potential sources of income for Best Brains. For example, revenue from support services is only provided for the year ended December 31, 2023, with a value of $98,484.97. A potential franchisee should consider all revenue streams and how they might fluctuate year to year.
Understanding the composition and trends in Best Brains' revenue is crucial for assessing the financial health and stability of the franchise system. This information can help potential franchisees make informed decisions about their investment and business operations.