What was the amount of new member registration fees collected by C12 Group in 2023?
C12_Group Franchise · 2025 FDDAnswer from 2025 FDD Document
embers' Capital | 1,843,880 | 1,312,531 | | Total Liabilities and Members' Capital | $ 3,534,314 | $ 1,840,832 |
Consolidated Statements of Operations and Members' Capital Years Ended December 31, 2022 and 2021
| 2022 | 2021 | |
|---|---|---|
| Revenues: | ||
| Franchise Fees | $ 5,362,125 | $ 4,232,334 |
| Dues - C12 Atlanta |
Source: Item 22 — CONTRACTS (FDD page 46)
What This Means (2025 FDD)
According to C12 Group's 2025 Franchise Disclosure Document, information regarding the new member registration fees collected in 2023 is not available in the provided excerpts. The document does provide the amount of new member registration fees collected in 2022, which was $396,775.
To make an informed decision, prospective franchisees should directly ask C12 Group for the specific amount of new member registration fees collected during 2023. Understanding this figure will help potential franchisees assess the company's recent financial performance and trends.
Understanding the trends in new member registration fees can help a prospective franchisee forecast potential revenue and growth. This information, combined with other financial data, will provide a more complete picture of the financial health and stability of C12 Group.