What was the Gross Sales amount 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 Gross Sales for the company-owned outlet during the Measuring Year (January 1, 2024 to December 31, 2024) was $738,204. This figure represents the total revenue generated by the Qualifying Outlet, minus taxes and refunds. The company-owned outlet in Rock Hill, South Carolina, was the only Qualifying Outlet, meaning it was the only outlet open and operating for the entire Measuring Year and provided all requested data.
Gross Sales is an important metric for prospective franchisees to consider, as it represents the total revenue potential of a Bigfoot Forestry franchise. However, it is important to note that this figure is based on the performance of a single company-owned outlet, and individual results may vary. The FDD explicitly states that there is no assurance that a franchisee will earn as much. The company-owned outlet also operated under conditions that may not be typical for a franchise, such as operating in an area larger than a franchised territory and utilizing an average of 1.5 service teams.
It is also important to consider the Cost of Goods Sold (COGS) and Operating Expenses when evaluating the financial performance of the Bigfoot Forestry company-owned outlet. In this case, the COGS was $4,170, and the total Operating Expenses were $345,030. These expenses include actual marketing, administrative costs, equipment maintenance/repairs, fuel, insurance, labor, and occupancy costs. After deducting COGS and Operating Expenses from Gross Sales, the EBITDA (Earnings Before Interest, Taxes, Depreciation, and Amortization) was $389,004.
Prospective franchisees should carefully review the entire Item 19 Financial Performance Representation in the FDD and consider all factors that may impact their own financial performance. They should also request written substantiation for the financial performance representation and contact existing franchisees to discuss their experiences. Additionally, they should consider the Imputed Fees & Costs that a franchisee would incur, such as Brand Fund Fees, Royalty Fees, and Technology Fees, which are not reflected in the actual expenses of the company-owned outlet. The Adjusted EBITDA, which takes these imputed fees into account, was $336,677 for the company-owned outlet.