What was the total amount of continuing fees collected by C12 Group in 2022?
C12_Group Franchise · 2025 FDDAnswer from 2025 FDD Document
When a franchise is sold, the Company agrees to provide certain services to the franchisee, including assisting with site selection, training, reference and promotional materials and assistance with local C12 events. Initial territory fees are recognized as revenue when substantially all initial services under the franchise agreement are completed. Continuing fees are recognized as earned.
Source: Item 22 — CONTRACTS (FDD page 46)
What This Means (2025 FDD)
I am unable to provide the total amount of continuing fees collected by C12 Group in 2022, according to the 2025 Franchise Disclosure Document. While the document describes how C12 Group recognizes continuing fees as earned, it does not specify the total amount of continuing fees collected for that year. A prospective franchisee should ask C12 Group for this specific financial information to better understand the revenue streams and financial performance of the company.