What was the highest reported gross sales for a City Wide franchise in 2024?
City_Wide Franchise · 2025 FDDAnswer from 2025 FDD Document
| 2023 Gross Sales | 2024 Gross Sales | |
|---|---|---|
| High | $33,406,500 | $51,628,184 |
| Low | $373,591 | $461,984 |
| Median | $4,963,714 | $4,798,193 |
| Average | $7,839,821 | $8,938,134 |
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 highest gross sales reported by a City Wide franchise in 2024 was $51,628,184. This figure represents the upper end of the sales performance among the 93 franchisees who met the criteria for inclusion in the average gross sales reporting for that year. These criteria include operating under a standard franchise agreement, being open for at least a full 12-month period by the end of 2024, submitting required royalty fee reports, and operating continuously from January 1, 2024, to December 31, 2024.
It is important to note that this is the highest reported figure, and the FDD explicitly states that individual results may differ, and there is no assurance that a new franchisee will achieve similar sales levels. The average gross sales for the 93 franchisees in 2024 was $8,938,134, significantly lower than the highest reported sales. This indicates a wide range of performance among franchisees, influenced by factors such as location, market conditions, management skills, and local economic factors.
Prospective franchisees should consider this high sales figure as an aspirational benchmark rather than a guaranteed outcome. City Wide also notes that the financial performance data is based on reports submitted by franchisees and has not been independently audited. While City Wide states they have no reason to believe franchisees would overstate their sales, potential franchisees should conduct their own due diligence, including speaking with existing franchisees and analyzing local market conditions, to assess the potential for their own City Wide franchise.