What was the net earnings for the year attributable to non-controlling interest for Browns Chicken in 2022?
Browns_Chicken Franchise · 2025 FDDAnswer from 2025 FDD Document
art of these financial statements)
BROWN'S CHICKEN, LLC CONSOLIDATED STATEMENTS OF FOR THE YEARS ENDED DECEMBER 31, 2023 AND 2022 CHANGES IN MEMBERS' EQUITY
| 2023 | 2022 | |
|---|---|---|
| MEMBERS' EQUITY: | $ 512,892 | $ 497,937 |
| BALANCE, BEGINNING OF YEAR | ||
| Net Earnings for the Year (Page 6) | 68,404 | 92,955 |
| Distributions to Members | (48,000) | (78,000) |
| BALANCE, END OF YEAR | $ 533,296 | $ 512,892 |
| NON-CONTROLLING INTEREST: |
Source: Item 21 — FINANCIAL STATEMENTS (FDD page 42)
What This Means (2025 FDD)
According to Browns Chicken's 2025 Franchise Disclosure Document, the net earnings for the year attributable to non-controlling interest in 2022 was $46,180. This figure represents the portion of Browns Chicken's net earnings that is not owned by the parent company, but rather by other minority stakeholders.
For a prospective franchisee, understanding the non-controlling interest is important because it provides insight into the overall financial structure of Browns Chicken. It shows how much of the company's earnings are allocated to outside parties, which can affect the distribution of profits and the financial stability of the company. A significant non-controlling interest might suggest a complex ownership structure or strategic partnerships.
Reviewing these figures over several years, as presented in the FDD, can reveal trends in how Browns Chicken manages its earnings and allocates profits among its various stakeholders. This information, combined with other financial metrics, helps potential franchisees assess the financial health and stability of the Browns Chicken franchise system.