What was the amount of the Economic Injury Disaster Grant received by Cd One Price Cleaners?
Cd_One_Price_Cleaners Franchise · 2025 FDDAnswer from 2025 FDD Document
| Restated | ||||
|---|---|---|---|---|
| Revenues: | ||||
| Royalty/license fees | $ 2,130,646 | $ 2,005,118 | ||
| Marketing fund fees | 1,166,394 | 1,111,992 | ||
| Franchise fees | 8,000 | 39,000 | ||
| Economic injury disaster grant | 11,515 | - |
Source: Item 23 — Receipts (FDD pages 72–263)
What This Means (2025 FDD)
According to Cd One Price Cleaners' 2025 Franchise Disclosure Document, the company received an Economic Injury Disaster Grant of $11,515. This grant is listed as part of the total revenues for the period.
For a prospective franchisee, this indicates that Cd One Price Cleaners has, in the past, been able to secure and utilize government grants to support its operations. While not guaranteed, the franchisor's experience in obtaining such grants could be a potential benefit to franchisees if similar opportunities arise in the future.
It is important to note that the Economic Injury Disaster Grant is listed as a one-time revenue item. Franchisees should not rely on such grants as a consistent source of income. Understanding the various revenue streams and expense items of the franchisor can help a prospective franchisee better assess the financial stability and potential profitability of a Cd One Price Cleaners franchise.