What was the amount of member distributions for Clean Your Dirty Face in 2024?
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, the member distributions for 2024 were $(1,018,232). This means that Clean Your Dirty Face distributed $1,018,232 to its members during the year. In comparison, the member distributions in 2023 were $(640,000).
Member distributions represent the funds that Clean Your Dirty Face paid out to its members, which could be the owners or stakeholders in the company. These distributions are typically made from the company's profits or capital. The negative value indicates an outflow of cash from the company to its members.
A prospective franchisee should consider these figures in the context of the overall financial health of Clean Your Dirty Face. While distributions can be a positive sign of profitability, a large distribution might also raise questions about the company's reinvestment strategy or long-term financial stability. It's important to analyze these distributions in relation to net income, member contributions, and total member equity to get a comprehensive understanding of the company's financial management.