What was the amount of member's distributions in 2024 for Clean Your Dirty Face?
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's distributions for 2024 were $(1,018,232). This figure represents the amount of money distributed to the members or owners of the Clean Your Dirty Face franchise system during that year. In contrast, the member's distributions in 2023 were $(640,000).
For a prospective franchisee, understanding member's distributions can offer insight into the financial management and profitability of Clean Your Dirty Face. While distributions represent cash leaving the business, they also indicate that the business is generating enough revenue to reward its members. A significant change in distributions from one year to the next, as seen between 2023 and 2024, may warrant further investigation to understand the underlying factors driving this change.
It's important to note that member's distributions are just one aspect of the overall financial health of Clean Your Dirty Face. Prospective franchisees should also consider other factors such as revenue, expenses, and net income when evaluating the franchise opportunity. Reviewing the complete financial statements and seeking professional financial advice is crucial for making an informed decision.