How much revenue did C12 Group generate from dues in C12 Atlanta in 2021?
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, in 2021, the revenue generated from dues at C12 Atlanta was $341,900. This figure represents the income C12 Group recognized from membership dues specifically within its C12 Atlanta subsidiary during that year.
For a prospective franchisee, this indicates the potential revenue that can be generated from a C12 Group franchise location. However, it is important to note that C12 Atlanta was a wholly-owned subsidiary of C12 Group at the time, and these revenues were consolidated into the company's overall financial statements. C12 Atlanta was sold to a third party on January 31, 2023, so this revenue stream would no longer be directly reflected in C12 Group's consolidated financials.
It's also important to consider that the dues from C12 Atlanta represent only one component of C12 Group's total revenue. In 2021, C12 Group also generated revenue from franchise fees, international license fees, and new member registration fees, among other sources. A prospective franchisee should analyze all revenue streams and associated expenses to understand the overall financial performance and profitability of a C12 Group franchise.