For C3 Wellness Spa, what information regarding revenues is disaggregated?
C3_Wellness_Spa Franchise · 2024 FDDAnswer from 2024 FDD Document
"Franchisee's Spa Facility" refers to and means the Spa Facility from which Franchisee establishes, operates and manages the Franchised Business.
"Franchisee's Spa Location" refers to and means the location of Franchisee's Spa Facility, from which Franchisee operates the Franchised Business.
"Immediate Family" refers to and means the spouse of a person and any other member of the household of such person, including, without limitation, children of such person.
"Intellectual Property" refers to and means, individually and collectively, our Licensed Marks, Copyrights, Know-How, and System.
"Know-How" refers to means our trade secrets and proprietary information relating to the development, establishment, marketing, promotion and/or operation of a Spa and Spa Location Franchise including, but not limited to, methods, techniques, specifications, procedures, policies, marketing strategies and information reflected in, included in, comprising and/or constituting a part of the System. Without limitation to the foregoing, Know-How shall further include information contained in the Operations Manual and the Confidential Information.
"Licensed Marks" refers to and means the trademarks, service marks, emblems and indicia of origin, including the "C3 Wellness" trademark, the C3 Wellness logo, Trade Dress, and other trade names, service marks, trademarks, logos, slogans and designs authorized by us in connection with the identification of Spa Location Franchises and the Approved Spa Products and Services, provided that such trade names, trademarks, service marks, logos and designs are subject to modification, replacement and discontinuance by us in our Reasonable Business Judgment.
Source: Item 23 — RECEIPTS (FDD pages 59–293)
What This Means (2024 FDD)
Based on the 2024 Franchise Disclosure Document, there is no disaggregated revenue information for C3 Wellness Spa franchisees within Item 19, which typically covers financial performance representations. The FDD does define terms related to the business, such as "Franchisee's Spa Facility" and "Franchisee's Spa Location," but these definitions do not provide any specific financial data. The document also mentions the use of a "Business Management System" that tracks sales information, but it does not disclose any of that data in a disaggregated format.
Without specific revenue figures or breakdowns, prospective C3 Wellness Spa franchisees lack concrete data to evaluate potential financial performance. Item 19 is the typical location for this information, and its absence means franchisees must rely on other sources to assess the viability of the franchise. This could involve conducting independent market research, speaking with existing franchisees (if permitted), and carefully reviewing the assumptions underlying any financial projections provided by the franchisor outside of the FDD.
Given the lack of disaggregated revenue information in the FDD, potential franchisees should ask C3 Wellness Spa for detailed financial performance data, including average revenue per spa, revenue by service type, and other relevant metrics. Understanding these figures is crucial for making an informed investment decision and assessing the potential return on investment for a C3 Wellness Spa franchise.