factual

What were the gross sales for the Company-Owned Best In Class Education Center outlet in 2024?

Best_In_Class_Education_Center Franchise · 2025 FDD

Answer from 2025 FDD Document

TABLE 2 - 2024 GROSS SALES: COMPANY-OWNED OUTLET
1 Company-Owned Outlet $160,099

Source: Item 19 — FINANCIAL PERFORMANCE REPRESENTATIONS (FDD pages 41–44)

What This Means (2025 FDD)

According to Best In Class Education Center's 2025 Franchise Disclosure Document, the gross sales for the company-owned outlet in 2024 were $160,099. This figure represents the total revenue generated by the single company-owned Best In Class Education Center location during the specified measuring period, which ran from January 1, 2024, to December 31, 2024. It's important to note that this data is historical and has not been audited.

This gross sales figure does not reflect any costs of sales, operating expenses, or other costs that would be deducted to determine net income or profit. As a prospective franchisee, it is essential to conduct an independent investigation of all the costs and expenses associated with operating a Best In Class Education Center franchise. Speaking with current or former franchisees, whose contact information is listed in the FDD, can provide valuable insights into these costs.

Best In Class Education Center obtained the gross sales data for the company-owned center from internally prepared financial statements. The franchisor also surveyed all qualifying centers on January 23, 2025, to gather expense information, receiving 23 responses by the February 10, 2025, deadline. This expense data, along with the gross sales figure, allows Best In Class Education Center to present a financial performance representation that includes selected expenses for the company-owned outlet.

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.