What were the total operating expenses for Canine Dimensions in 2022?
Canine_Dimensions Franchise · 2025 FDDAnswer from 2025 FDD Document
| REVENUE | 2023 | 2022 |
|---|---|---|
| Initial Franchise Sales | 33,500 | 27,375 |
| Renewal Franchise Sales | 700 | 88 |
| Royalties | 415,749 | 383,673 |
| Other Franchise Fees Related Revenue | 65,301 | 32,227 |
| TOTAL REVENUE | 515,250 | 443,363 |
| OPERATING EXPENSES | ||
| Advertising | 9,215 | 4,906 |
| Auto Expenses | 770 | 3,129 |
| Bank Charges | 1,635 | 1,566 |
| Charitable Contributions | 1,300 | 803 |
| Client Expenses | 8,303 | 7,102 |
| Depreciation Expense | 4,071 | 19,200 |
| Filing Fees | 3,012 | 235 |
| Insura |
Source: Item 21 — FINANCIAL STATEMENTS (FDD page 35)
What This Means (2025 FDD)
According to Canine Dimensions' 2025 Franchise Disclosure Document, the company had total operating expenses in 2022. The following is a breakdown of those expenses:
Advertising expenses totaled $4,906, auto expenses were $3,129, and bank charges amounted to $1,566. Charitable contributions reached $803, while client expenses were $7,102. Depreciation expense was a significant $19,200, and filing fees were relatively low at $235.
These figures provide insight into the various costs Canine Dimensions incurs to run its franchising operations. Prospective franchisees can use this information to understand the types and amounts of expenses they might expect to see from the franchisor, which can be helpful in evaluating the overall financial health and stability of the company.