What was the net income for C12 Group in 2024?
C12_Group Franchise · 2025 FDDAnswer from 2025 FDD Document
676,644 | 1,204,677 | | State income taxes | 26,630 | 79,231 | | Net Income | $ 650,014 | $ 1,125,446 |
THE C12 GROUP, LLC Statements of Changes in Members' Equity Years Ended December 31, 2024 and 2023
| Balance at December 31, 2022 | $ 1,843,880 |
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Source: Item 22 — CONTRACTS (FDD page 46)
What This Means (2025 FDD)
According to the 2025 FDD, C12 Group's net income for the year ending December 31, 2024, was $650,014. This figure represents the profit C12 Group retained after deducting all expenses from its revenues during that fiscal year. Net income is a key indicator of a company's profitability and financial health.
For a prospective franchisee, understanding C12 Group's net income can provide insights into the overall financial stability and success of the franchisor. A consistently positive net income suggests that the company is well-managed and has a sustainable business model. This can be reassuring for franchisees who are considering investing in the C12 Group system.
However, it's important to note that the net income of the franchisor does not directly translate to the potential earnings of a franchisee. Franchisee earnings depend on various factors, including their individual efforts, local market conditions, and operating expenses. Therefore, while the franchisor's net income is a useful indicator of overall financial health, prospective franchisees should also focus on the financial performance representations (if any) provided in Item 19 of the FDD and conduct their own due diligence to assess their potential earnings.