What costs are NOT reflected in the 'Gross Annual Sales' figures presented for Canine Dimensions franchises?
Canine_Dimensions Franchise · 2025 FDDAnswer from 2025 FDD Document
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- "Gross Annual Sales" means the aggregate of all revenue from the sale of all services in connection with the Franchised Business whether for check, cash or credit, exclusive of any sales tax collected. The figures above do not reflect the costs of sales, operating expenses, royalty and advertising or other costs or expenses that must be deducted from the Gross Annual Sales figures to obtain your net income or profit.
Source: Item 19 — FINANCIAL PERFORMANCE REPRESENTATIONS (FDD pages 30–32)
What This Means (2025 FDD)
According to Canine Dimensions's 2025 Franchise Disclosure Document, the 'Gross Annual Sales' figures do not represent net income or profit. The reported figures are exclusive of several costs a franchisee would typically incur.
Specifically, the 'Gross Annual Sales' figures do not account for the cost of sales, which includes the direct expenses associated with providing the services. Additionally, operating expenses such as rent, utilities, and employee wages are not factored into the 'Gross Annual Sales' figures.
Furthermore, the royalty and advertising fees that franchisees are obligated to pay to Canine Dimensions are not deducted from the 'Gross Annual Sales'. Other potential costs or expenses that a franchisee might incur are also not reflected in the reported 'Gross Annual Sales'. Therefore, a prospective franchisee should consider these additional expenses when evaluating the potential profitability of a Canine Dimensions franchise.