table_specific

What was the amount of franchise fees collected by City Publications in 2022?

City_Publications Franchise · 2025 FDD

Answer from 2025 FDD Document

The financial statements of CITY PUBLICATIONS FRANCHISE GROUP, INC. for the year ended December 31, 2022, were audited by another auditor who expressed an unmodified opinion on those statements on March 15, 2023.

Source: Item 23 — RECEIPT (FDD pages 39–129)

What This Means (2025 FDD)

Based on the 2025 Franchise Disclosure Document, the financial statements of City Publications Franchise Group, Inc. for the year ended December 31, 2022, were audited by another auditor who expressed an unmodified opinion on those statements on March 15, 2023.

However, the provided excerpts do not include the specific amount of franchise fees collected by City Publications in 2022. The excerpts focus on the auditor's report, descriptions of various fees franchisees must pay, and definitions of key terms related to the franchise agreement. While the audit report confirms that financial statements for 2022 exist and were reviewed, the actual figures are not present.

A prospective franchisee should request a copy of the audited financial statements for the year ended December 31, 2022, to determine the exact amount of franchise fees collected by City Publications during that year. This information is essential for understanding the company's revenue streams and financial performance.

Disclaimer: This information is extracted from the 2025 Franchise Disclosure Document and is provided for research purposes only. It does not constitute legal or financial advice. Consult with a franchise attorney before making any investment decisions.