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What was the total amount of royalties Canine Dimensions collected in 2024?

Canine_Dimensions Franchise · 2025 FDD

Answer from 2025 FDD Document

REVENUE 2024 2023
Initial Franchise Sales 21,000 33,500

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

What This Means (2025 FDD)

Based on the 2025 Franchise Disclosure Document, the financial statements for Canine Dimensions do not explicitly state the total amount of royalties collected in 2024. However, the document does provide some revenue information. Specifically, it mentions the initial franchise sales for 2024 were $21,000, while in 2023, they were $33,500.

While the FDD includes audited financial statements for 2024, 2023, and 2022, along with statements of operations and cash flows, these do not break down the revenue into specific categories such as royalties. The financial statements do offer a broader view of the company's financial health, including revenue from initial franchise sales, but lack the granularity to pinpoint royalty income.

A prospective Canine Dimensions franchisee should inquire directly with the franchisor about the royalty revenue figures for 2024. Understanding the proportion of revenue derived from royalties versus other sources is crucial for assessing the stability and revenue model of the franchise. This information would provide a clearer picture of the ongoing financial relationship between the franchisee and franchisor.

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.