What was the trend in total revenues for City Publications from 2022 to 2024?
City_Publications Franchise · 2025 FDDAnswer from 2025 FDD Document
| AS OF DECEMBER 31, | |||
|---|---|---|---|
| 2024 | 2023 | ||
| ASSETS: | |||
| CURRENT ASSETS | |||
| Cash and equivalents | $ 469,911 | $ 34,370 | |
| Accounts receivable | 6,166 | 10,184 | |
| TOTAL CURRENT ASSETS | 476,077 | 44,554 | |
| NON-CURRENT ASSETS | |||
| Property and equipment | 2,179 | 3,000 | |
| Other assets | 8,362 | 8,362 | |
| TOTAL ASSETS | $ 486,618 | $ 55,916 | |
| LIABILITIES AND SHAREHOLDERS' (DEFICIT): | |||
| CURRENT LIABILITIES | |||
| Accounts payable | $ 478,790 | $ 84,847 | |
| Non-refundable deferred franchise fees, current | 29,393 | 22,373 | |
| TOTAL CURRENT LIABILITIES | 508,183 | 107,220 | |
| NON-CURRENT LIABILITIES | |||
| Non-refundable deferred franchise fees | 52,433 | 34,306 | |
| TOTAL LIABILITIES | 560,616 | 141,526 | |
| SHAREHOLDERS' (DEFICIT) | |||
| Common stock, $1 par value, 100,000 shares authorized | |||
| 1,000 shares issued and outstanding | 1,000 | 1,000 | |
| Additional paid-in capital | 17,000 | 17,000 | |
| Retained earnings | 1,902,107 | 1,745,483 | |
| Due from affiliates | (1,994,105) | (1,849,093) | |
| TOTAL SHAREHOLDERS' (DEFICIT) | (73,998) | (85,610) | |
| TOTAL LIABILITIES AND SHAREHOLDERS' (DEFICIT) | $ 486,618 | $ 55,916 |
The accompanying notes are an integral part of these financial statements.
**CITY PUBLICATIONS FRANCHISE GROUP, INC. CONSOLIDATED STATEMENTS OF OPERATION
Source: Item 23 — RECEIPT (FDD pages 39–129)
What This Means (2025 FDD)
According to City Publications' 2025 Franchise Disclosure Document, the company's total revenues have generally increased from 2022 to 2024. In 2022, City Publications had total revenues of $1,140,467. This increased to $1,272,502 in 2023, and further increased to $1,413,271 in 2024. This represents positive revenue growth for the franchisor over the three-year period.
For a prospective franchisee, this upward trend in total revenues could be seen as a positive indicator of the overall health and growth potential of the City Publications franchise system. It suggests that the company's business model is performing well and that there is increasing demand for its services. However, it is important to note that past performance is not necessarily indicative of future results, and prospective franchisees should conduct their own due diligence to assess the potential risks and rewards of investing in a City Publications franchise.
It is also important to consider the different sources of revenue that contribute to the total revenue figure. In the case of City Publications, these include franchise fees, royalty fees, other revenues, and management fees. A prospective franchisee may want to analyze the trends in each of these revenue streams to gain a more detailed understanding of the company's financial performance and to identify any potential areas of strength or weakness. For example, a significant increase in franchise fees could indicate strong growth in the number of franchisees, while a decline in royalty fees could suggest that existing franchisees are not performing as well.
Overall, the trend in total revenues for City Publications from 2022 to 2024 appears to be positive, but prospective franchisees should carefully evaluate all available financial information and conduct thorough due diligence before making an investment decision.