What was the total income for Browns Chicken, including all sources, from January 1 to March 30, 2025?
Browns_Chicken Franchise · 2025 FDDAnswer from 2025 FDD Document
| Jan 1 - Mar 30, 25 | |
|---|---|
| Ordinary Income/Expense | |
| Income | |
| MISC. INCOME | 142.65 |
| RENT INCOME ROYALTY INCOME | 1,680.00 |
| ROYALTY DOOR DASH INCOME | 1,372.33 |
| ROYALTY GAMING INCOME | 6,415.05 |
| ROYALTY GRUBHUB INCOME | 391.36 |
| ROYALTY UBER EATS INCOME | 931.04 |
| ROYALTY INCOME - Other | 45,495.30 |
| Total ROYALTY INCOME | 54,605.08 |
| VENDOR PROMO ALLOWANCE | 324.00 |
| Total Income | 56,751.73 |
| Gross Profit | 56,751.73 |
| Expense | |
| ACCOUNTING FEES | 4,865.00 |
| AUTO EXPENSES | 5,216.30 |
| BANK SERVICE CHARGES | 1,263.72 |
| COMPUTER & INTERNET EXPENSES | -139.66 |
| EMPLOYEE BENEFITS | 104.07 |
| INSURANCE | |
| COMMERCIAL AUTO | 5,812.54 |
| WORKERS COMPENSATION | 614.10 |
| Total INSURANCE | 6,426.64 |
| LEGAL EXPENSES | 700.00 |
| MEALS & ENTERTAINMENT | 99.77 |
| OFFICE SUPPLIES | 2,108.28 |
| PERSONNEL EXPENSES - G&A PERSONNEL EXPENSE- BONUS OFFICE | 0.00 |
| Total PERSONNEL EXPENSES - G&A | 0.00 |
| PERSONNEL EXPENSES - OPERATIONS | |
| FED U C EXPOPS | 105.32 |
| FICA EXPOPS | 2,325.59 |
| STATE U C EXPOPS | 227.98 |
| SUPERVISOR SALARIES,OPS. | 30,400.12 |
| Total PERSONNEL EXPENSES - OPERATIONS | 33,059.01 |
| POSTAGE EXPENSES | 212.42 |
| RENT EXPENSE | 4,050.00 |
| REPAIR & MAINT.EXP., G&A | 17.00 |
| RESEARCH & DEVELOPMENT | 1,849.05 |
| SMALL WARES SQUARE SUBSCRIPTION | 263.64 250.00 |
| TELEPHONE EXPENSES | 1,638.35 |
| UTILITIES | 585.70 |
| Total Expense | 62,569.29 |
| Net Ordinary Income | -5,817.56 |
Source: Item 21 — FINANCIAL STATEMENTS (FDD page 42)
What This Means (2025 FDD)
According to Browns Chicken's 2025 Franchise Disclosure Document, the total income from all sources for the period of January 1 to March 30, 2025, was $56,751.73. This figure is derived from several income streams, including miscellaneous income of $142.65, rent income royalty income of $1,680.00, royalty income from Door Dash of $1,372.33, royalty income from gaming of $6,415.05, royalty income from Grubhub of $391.36, royalty income from Uber Eats of $931.04, and other royalty income totaling $45,495.30. Additionally, Browns Chicken received $324.00 from vendor promo allowances.
It is important to note that this income figure represents the gross profit for the specified period, as no direct expenses have been deducted. The financial statement also lists various expenses incurred during this period, such as accounting fees, auto expenses, bank service charges, and insurance, which totaled $62,569.29. After accounting for these expenses, Browns Chicken experienced a net ordinary income loss of $5,817.56 for the period.
Prospective franchisees should consider these figures in the context of the overall financial health of Browns Chicken. While the total income provides insight into revenue generation, the net ordinary income loss indicates that expenses exceeded income during this period. It would be prudent for potential franchisees to investigate the reasons behind the loss and assess whether this is a recurring trend or an isolated occurrence. Understanding the factors that influence both income and expenses is crucial for making informed investment decisions.
Furthermore, it is essential to compare these figures with those of previous years and industry benchmarks to evaluate Browns Chicken's financial performance and identify potential areas for improvement. A thorough analysis of the franchisor's financial statements, including the balance sheet and statement of cash flows, will provide a more comprehensive understanding of the company's financial position and its ability to support its franchisees.