What was the total revenue from C12 Group franchise fees in 2022?
C12_Group Franchise · 2025 FDDAnswer from 2025 FDD Document
signing of the franchise agreement. Continuing fees are recognized as earned, with uncollectible amounts charged to operations.
6. Franchise Fees (Continued)
Franchise fees recorded for the years ended December 31 is as follows:
| | 2022 | 2021 | |-------------------------------------
Source: Item 22 — CONTRACTS (FDD page 46)
What This Means (2025 FDD)
According to C12 Group's 2025 Franchise Disclosure Document, the total franchise fees recorded for the year ended December 31, 2022, amounted to $5,362,125. This figure represents the combined revenue from initial fees, including those from Associate Chairs, and continuing fees paid by franchisees.
For a prospective C12 Group franchisee, this indicates the overall revenue generated by the company through its franchise operations. It reflects the income C12 Group receives from both the initial sale of franchises and the ongoing fees collected from existing franchisees. Understanding the breakdown between initial and continuing fees can provide insight into the revenue streams and the long-term financial relationship between C12 Group and its franchisees.
It's important to note that this figure does not include other sources of revenue for C12 Group, such as dues from C12 Atlanta, international license fees, new member registration fees, or merchandise and promotion revenue. These additional revenue streams contribute to the overall financial health of the company but are separate from the franchise fees themselves.