What was the total revenue for Carls franchised restaurants and other sources in fiscal year 2024?
Carls Franchise · 2024 FDDAnswer from 2024 FDD Document
| Fiscal 2024 | Fiscal 2023 | ||
|---|---|---|---|
| Revenue: | |||
| Company-operated restaurants.................................................................................................... | $ 368,842 | $ 354,253 | |
| Franchised restaurants and other................................................................................................. | 292,713 | 290,831 | |
| Total revenue........................................................................................................................ | 661,555 | 645,084 |
Source: Item 23 — RECEIPTS (FDD pages 80–480)
What This Means (2024 FDD)
According to Carls's 2024 Franchise Disclosure Document, the revenue from franchised restaurants and other sources for the fiscal year 2024 was $292,713. This figure represents the income Carls receives from its franchise operations, which may include royalties, franchise fees, and other related revenue streams.
For a prospective franchisee, this number indicates the financial health and stability of the Carls franchise system. A higher number suggests a strong and well-performing franchise network. It is important to note that this revenue does not represent the profits of individual franchisees but rather the income Carls receives as the franchisor.
It is also useful to compare this figure with the previous year's revenue to assess the growth trend. In this case, the revenue from franchised restaurants and other sources in fiscal year 2023 was $290,831, indicating a slight increase in revenue for fiscal year 2024. This information can help potential franchisees evaluate the potential of investing in a Carls franchise.