What was the total revenue for City Publications in 2024?
City_Publications Franchise · 2025 FDDAnswer from 2025 FDD Document
| 2024 | 2023 | 2022 | |
|---|---|---|---|
| REVENUES | |||
| Franchise fees | $ 624,453 | $ 305,073 | $ 226,598 |
| Royalty fees | 165,720 | 236,040 | 239,415 |
| Other revenues | 322,271 | 445,561 | 448,915 |
| Management fees | 300,827 | 285,828 | 225,539 |
| TOTAL REVENUES | 1,413,271 | 1,272,502 | 1,140,467 |
Source: Item 23 — RECEIPT (FDD pages 39–129)
What This Means (2025 FDD)
According to City Publications' 2025 Franchise Disclosure Document, the total revenue for the company in 2024 was $1,413,271. This revenue is comprised of several different fees, including franchise fees, royalty fees, other revenues, and management fees. Franchise fees accounted for $624,453 of the total revenue, while royalty fees contributed $165,720. Other revenues amounted to $322,271, and management fees totaled $300,827.
When evaluating a franchise opportunity, it is important for prospective franchisees to look at the revenue streams of the franchisor. A diversified revenue base can indicate a stable and well-managed franchise system. In City Publications' case, the mix of franchise, royalty, other, and management fees suggests multiple avenues through which the company generates income. This can be a positive sign for potential franchisees, as it demonstrates that the franchisor is not solely reliant on one particular source of revenue.
It's also worth noting the trend in City Publications' revenue over the past three years, as presented in the FDD. The total revenues have increased from $1,140,467 in 2022 to $1,272,502 in 2023, and further to $1,413,271 in 2024. This upward trend could be an encouraging indicator of the company's growth and financial health. However, prospective franchisees should conduct their own due diligence and consider other factors, such as expenses and profitability, before making a decision.