What was 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's total operating expenses are detailed in the Statements of Operations. In 2022, Canine Dimensions had specific operating expenses, including advertising, auto expenses, bank charges, charitable contributions, client expenses, depreciation expense and filing fees.
The advertising expenses for Canine Dimensions in 2022 amounted to $4,906, while auto expenses were $3,129. Bank charges totaled $1,566, and charitable contributions reached $803. Client expenses were $7,102, and depreciation expense was a notable $19,200. Filing fees were relatively low at $235.
These figures provide insight into the various costs Canine Dimensions incurred to operate its franchising business during that year. A prospective franchisee can use this information to understand the types and amounts of expenses that a franchisor like Canine Dimensions might face, although the franchisee's own operating expenses will vary depending on their specific circumstances and business decisions.