What was the high monthly revenue for a City Wide franchise at the 60th month?
City_Wide Franchise · 2025 FDDAnswer from 2025 FDD Document
| Monthly Gross Sales - | At the 12th | At the 24th | At the 36th | At the 48th | At the 60th | |
|---|---|---|---|---|---|---|
| Specific Time Frames | Month | Month | Month | Month | Month | |
| High - Monthly Revenue | $86,457 | $174,316 | $228,774 | $265,797 | $350,178 | |
| Low - Monthly Revenue | $51,473 | $93,690 | $125,500 | $167,999 | $192,818 | |
| Average Monthly Gross | $65,815 | $134,443 | $174,119 | $212,920 | $274,945 | |
| Sales | ||||||
| Number of Locations | 10 | 11 | 9 | 8 | 7 | |
| That Met or Exceeded | ||||||
| Average Monthly Gross | ||||||
| Sales | ||||||
| Median Monthly Gross | $64,517 | $130,066 | $173,204 | $209,876 | $263,620 | |
| Sales | ||||||
| Average Monthly Net | $3,291 | $6,722 | $8,706 | $10,646 | $13,747 | |
| Royalties | ||||||
| Number of Locations | 10 | 11 | 9 | 8 | 7 | |
| That Met or Exceeded | ||||||
| Average Monthly Net | ||||||
| Royalties | ||||||
| Median Monthly Net | $3,226 | $6,503 | $8,660 | $10,494 | $13,181 | |
| Royalties |
Source: Item 19 — FINANCIAL PERFORMANCE REPRESENTATIONS (FDD pages 48–58)
What This Means (2025 FDD)
According to City Wide's 2025 Franchise Disclosure Document, the table provided outlines monthly gross sales and net royalties within specific time frames as of December 31, 2024. This data is segmented to show performance at the 12th, 24th, 36th, 48th, and 60th month of operation. The data represents the sales records and reports generated by City Wide's required accounting software. It is important to note that these figures have not been audited, and City Wide has not independently verified the numbers reported. This information is based on franchisees satisfying the Quartile Reporting Criteria.
For a City Wide franchise operating within the first quartile, the highest monthly revenue reported at the 60th month was not available. The table shows the high monthly revenue at earlier stages, such as $86,457 at the 12th month, $174,316 at the 24th month, $228,774 at the 36th month, and $265,797 at the 48th month. The number of locations that met or exceeded the average monthly gross sales also varies at each time frame, ranging from 10 locations at the 12th month to 7 locations by the 48th month.
Prospective franchisees should note that the absence of data for the 60th month high revenue in the first quartile does not necessarily indicate poor performance. It may simply mean that the data was not available or did not meet the reporting criteria. It is crucial for potential franchisees to request and review the written substantiation City Wide has in its possession to support the information in Item 19. Additionally, speaking with current and former franchisees can provide valuable insights into the financial performance of City Wide franchises over time.
Given the missing data point, it would be prudent for prospective franchisees to directly inquire with City Wide about the typical revenue progression for franchises reaching the 60-month mark, especially within the first quartile. Understanding the factors that contribute to revenue growth and the support provided by City Wide to help franchisees achieve higher revenue milestones is essential for making an informed investment decision.