What were the earnings for City Wide on December 31, 2024?
City_Wide Franchise · 2025 FDDAnswer from 2025 FDD Document
| Class A | Class B | Capital | Earnings | Income (Loss) | Total | |
|---|---|---|---|---|---|---|
| Balance December 31, 2024 | $ 2,100 | $ 210,000 2024 | $ 366,366 2023 | $ 13,031,512 2022 | $ 54,347 | $ 1 3,664,325 |
Source: Item 23 — RECEIPT (FDD pages 65–271)
What This Means (2025 FDD)
According to City Wide's 2025 Franchise Disclosure Document, the consolidated balance sheets as of December 31, 2024, show earnings of $13,031,512. This figure is part of a larger table detailing the company's financial position across several years. The table also includes data from 2023 and 2022, offering a comparative view of City Wide's financial performance over time.
Specifically, the table provides a breakdown of various financial components, including Class A, Class B, Capital, Earnings, and Income (Loss). For December 31, 2024, the balances are: Class A at $2,100, Class B at $210,000, Capital at $366,366, Earnings at $13,031,512, and Income at $54,347. This detailed presentation allows potential franchisees to assess the financial health and stability of City Wide.
It is important to note that these figures represent the consolidated financial statements of City Wide Franchise Company, Inc. & Subsidiaries. As such, they reflect the overall financial performance of the entire organization, not necessarily the performance of an individual franchise unit. Prospective franchisees should consider these figures in conjunction with other financial disclosures and projections provided in the FDD to gain a comprehensive understanding of the potential financial outcomes of investing in a City Wide franchise.