What was the amount of member contributions for Clean Your Dirty Face in 2023?
Clean_Your_Dirty_Face Franchise · 2025 FDDAnswer from 2025 FDD Document
| $ 607,813 | $ | 531,500 | $ 205,324 | |
Statements of Member's Equity December 31, 2024 and 2023
| 2024 | 2023 | |||||
|---|---|---|---|---|---|---|
| Member's Equity | ||||||
| Beginning of year | $ | 470,036 | $ | (426,416) | ||
| Net income | 607,813 | 531,500 | ||||
| Member's contributions | 340,000 | 1,004,952 | ||||
| Member's distrib |
Source: Item 21 — FINANCIAL STATEMENTS (FDD page 54)
What This Means (2025 FDD)
According to Clean Your Dirty Face's 2025 Franchise Disclosure Document, member contributions in 2023 totaled $1,004,952. This figure reflects the financial input from members into the company during that year.
For a prospective franchisee, this number provides insight into the financial structure and member investment within Clean Your Dirty Face. High member contributions could indicate strong confidence in the franchise system. It is important to note that member contributions are not necessarily indicative of the profitability or success of individual franchise locations.
It is advisable for potential franchisees to further investigate the sources and purposes of these member contributions. Understanding how these funds are utilized by Clean Your Dirty Face can offer a clearer picture of the company's financial management and strategic direction. Reviewing several years of financial statements would give a better picture of the typical member contributions.