How much revenue did C12 Group generate from dues related to 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 related to C12 Atlanta was $341,900. C12 Atlanta was a wholly-owned subsidiary of C12 Group until January 31, 2023, when it was sold to a third party. The financial performance of C12 Atlanta was consolidated into C12 Group's overall financial statements during the period it was owned by C12 Group.
For a prospective franchisee, this indicates that C12 Group's revenue streams include not only franchise fees and related charges but also revenue from company-owned operations like C12 Atlanta. The dues from C12 Atlanta contributed to the overall revenue of C12 Group, impacting the company's financial health and potentially its ability to support its franchisees. Understanding the contribution from company-owned operations versus franchised locations can provide insight into the business model's overall stability and growth potential.
It's important to note that C12 Atlanta was sold in 2023, so this revenue stream would no longer be present in subsequent financial statements. This sale could impact C12 Group's future revenue and profitability, and prospective franchisees should inquire about the reasons for the sale and how it might affect the support and services provided to franchisees.