What was the Adjusted EBITDA for the company-owned Bigfoot Forestry outlet during the Measuring Year?
Bigfoot_Forestry Franchise · 2025 FDDAnswer from 2025 FDD Document
| 2024 Financial Performance Representation - 1 Company-Owned Outlet | |||
|---|---|---|---|
| Financial Performance Metric | |||
| GROSS SALES | $738,204 | 100% | |
| COGS | $4,170 | 0.6% | |
| GROSS PROFIT | $734,034 | 99.4% | |
| OPERATING EXPENSES | Actual Marketing | $15,697 | 2.1% |
| Administrative | $10,125 | 1.4% | |
| Equipment Maintenance/Repairs | $10,886 | 1.5% | |
| Fuel | $40,941 | 5.5% | |
| Insurance | $15,211 | 2.1% | |
| Labor | $239,810 | 32.5% | |
| Occupancy | $12,360 | 1.7% | |
| Total | $345,030 | 46.7% | |
| EBITDA | $389,004 | 52.7% | |
| IMPUTED FEES & COSTS | Brand Fund Fees | $7,382 | 1.0% |
| Imputed Marketing | $0 | 0.0% | |
| Royalty Fees | $44,945 | 6.1% | |
| Technology Fees | $0 | 0.0% | |
| Total | $52,327 | 7.1% | |
| ADJUSTED EBITDA | $336,677 | 45.6% |
Source: Item 19 — FINANCIAL PERFORMANCE REPRESENTATIONS (FDD pages 36–39)
What This Means (2025 FDD)
According to Bigfoot Forestry's 2025 Franchise Disclosure Document, the Adjusted EBITDA for the company-owned outlet during the Measuring Year (January 1, 2024 to December 31, 2024) was $336,677, representing 45.6% of gross sales. Adjusted EBITDA is calculated as EBITDA minus Imputed Fees & Costs. EBITDA, in turn, is Gross Profit minus Operating Expenses. Gross Profit is Gross Sales less COGS (Cost of Goods Sold).
It's important to understand how this figure was derived. The company-owned outlet does not pay certain fees that a franchisee would, such as brand fund fees, royalty fees, and technology fees. Therefore, the Adjusted EBITDA calculation includes deductions for what these fees would have been if the outlet were franchised. This provides a more realistic view of potential franchisee earnings.
Prospective franchisees should note that this data is based on the performance of a single company-owned outlet and that "Some Bigfoot Forestry Businesses have earned this amount. Your individual results may differ. There is no assurance that you will earn as much." The FDD emphasizes that written substantiation for this financial performance representation will be made available upon reasonable written request. This allows potential franchisees to further scrutinize the data and understand the factors contributing to this performance. Franchisees should carefully consider all revenue and expense items, and how these may vary in their specific territory.