What comprised the total point-in-time revenue for Chatime in 2024?
Chatime Franchise · 2025 FDDAnswer from 2025 FDD Document
economic factors.
Revenues by timing of recognition were as follows for the years ended December 31, 2024 and 2023:
| 2024 | 2023 | |
|---|---|---|
| Point in time: Franchise fees | $ 10,000 | $ _ |
| Royalties and marketing fund fees | 88,993 | |
| Total point i |
Source: Item 23 — Receipts (FDD pages 58–262)
What This Means (2025 FDD)
According to Chatime's 2025 Franchise Disclosure Document, the total point-in-time revenue for 2024 was comprised of franchise fees and royalties and marketing fund fees. Specifically, franchise fees contributed $10,000, while royalties and marketing fund fees amounted to $88,993.
Combining these two revenue streams, the total point-in-time revenue for Chatime in 2024 reached $98,993. This figure represents the revenue recognized at a specific moment, as opposed to revenue recognized over a period of time. In addition to the point-in-time revenue, Chatime also generated $42,531 in franchise fees recognized over time, bringing the total revenues for 2024 to $141,524.
Prospective franchisees should understand the different revenue streams that contribute to Chatime's overall financial performance. Point-in-time revenue typically includes initial franchise fees, while revenue recognized over time may include royalties and other ongoing fees. Reviewing these figures can provide insights into the financial stability and growth potential of the franchise system.