What was the total revenue from other franchise fees 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 |
Source: Item 21 — FINANCIAL STATEMENTS (FDD page 35)
What This Means (2025 FDD)
According to Canine Dimensions' 2025 Franchise Disclosure Document, the total revenue from other franchise fees in 2022 was $32,227. This figure is part of the overall revenue that Canine Dimensions Franchising LLC generated during that year.
For a prospective franchisee, understanding the breakdown of revenue sources is crucial. "Other Franchise Fees Related Revenue" could include fees for services like training, marketing support, or technology access provided by Canine Dimensions to its franchisees. These fees are in addition to initial franchise fees, renewal fees, and ongoing royalties.
The increase in "Other Franchise Fees Related Revenue" from $32,227 in 2022 to $65,301 in 2023 suggests a growing reliance on these fees or an expansion of services offered to franchisees. A potential franchisee should inquire about the specific services covered under these fees to assess their value and how they might impact their operational costs and revenue generation.
Reviewing these figures in the context of the complete financial statements will provide a better understanding of the financial health and revenue streams of Canine Dimensions. It's also advisable to compare these figures with those of other similar franchises to gauge Canine Dimensions' competitive position and financial performance.