table_specific

What was the lowest monthly revenue reported for a City Wide franchise at the 12th month?

City_Wide Franchise · 2025 FDD

Answer from 2025 FDD Document

Monthly Gross Sales - Specific Time Frames At the 12th Month At the 24th Month At the 36th Month At the 48th Month At the 60th Month
High - Monthly $334,339 $513,714 $493,722 $627,556 $1,085,144
Revenue
Low – Monthly $91,502 $178,081 $233,329 $266,053 $357,497
Revenue

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 lowest monthly revenue reported for a City Wide franchise at the 12th month was $91,502. This data is part of a larger table presenting financial performance representations related to monthly gross sales at different time frames. The table includes data points at the 12th, 24th, 36th, 48th, and 60th months of operation.

This figure represents the lowest monthly revenue achieved by any of the City Wide franchises included in the analysis at the 12-month mark. It is important to note that this is not necessarily representative of what a new franchisee should expect, as various factors can influence revenue, including location, market conditions, and the franchisee's management skills. The FDD also mentions that a franchisee's Monthly Gross Sales is likely to be lower in its first year of business.

Prospective franchisees should consider this low revenue figure as a potential downside scenario. While some franchises performed much better, achieving revenues as high as $334,339 at the 12th month, others struggled. Understanding the factors that contribute to these variations is crucial for developing a realistic business plan and mitigating potential risks. Further research and due diligence, including speaking with existing franchisees, are essential to gain a comprehensive understanding of the potential financial performance of a City Wide franchise.

It is also important to remember that City Wide has not audited or independently verified any of the franchisee-supplied figures reported in Item 19. While City Wide states that they do not know of any instance where a manager or owner would overstate financial information, prospective franchisees should still perform their own independent investigation and analysis of the data provided.

Disclaimer: This information is extracted from the 2025 Franchise Disclosure Document and is provided for research purposes only. It does not constitute legal or financial advice. Consult with a franchise attorney before making any investment decisions.