factual

How many Canine Dimensions franchises were sold in the year ended December 31, 2022?

Canine_Dimensions Franchise · 2025 FDD

Answer from 2025 FDD Document

For the years ended December 31, 2023 and 2022, one (1) and one (1) franchises were sold, respectively.

Source: Item 21 — FINANCIAL STATEMENTS (FDD page 35)

What This Means (2025 FDD)

According to Canine Dimensions's 2025 Franchise Disclosure Document, one franchise was sold during the year ended December 31, 2022. This information is based on the audited financial statements of Canine Dimensions Franchising LLC. The disclosure specifically relates to related party transactions, where the company licenses its trademark and franchising rights from Davidson and Michaels, LLC, a company owned by the same individual who owns Canine Dimensions.

This detail is relevant for prospective franchisees as it provides insight into the company's growth and franchise sales performance. Knowing the number of franchises sold in previous years can help potential franchisees assess the brand's market traction and the franchisor's ability to attract new franchisees. A low number of franchise sales might indicate challenges in attracting new franchisees or slower growth in the market.

It is important to note that this information is part of the financial statements and is subject to audit. The auditor's report confirms that the financial statements present fairly the financial position of Canine Dimensions. Franchisees should consider this information in conjunction with other data provided in the FDD, such as the total number of operating franchises, franchise turnover rates, and financial performance representations, to gain a comprehensive understanding of the franchise system's health and potential.

Disclaimer: This information is extracted from the 2025 Franchise Disclosure Document and is provided for research purposes only. It does not constitute legal or financial advice. Consult with a franchise attorney before making any investment decisions.