What were the payroll and related expenses for Clean Your Dirty Face in 2024?
Clean_Your_Dirty_Face Franchise · 2025 FDDAnswer from 2025 FDD Document
06,990 | $ | 1,325,718 |
Statements of Income For the Years Ended December 31, 2024, 2023, and 2022
| 2024 2023 | 2022 | ||||
|---|---|---|---|---|---|
| Revenue | |||||
| Franchise fees | $ 475,000 | $ | 500,000 | $ 387,002 | |
| Royalties | 419,495 | 274,895 | 184,362 | ||
| Support services | 800 | 700 | 4,000 | ||
| Total Revenue | 895,295 | 775,595 | 575,364 | ||
| Operating Expenses | |||||
| Payroll and related expenses | 276,676 | 228,156 | 252,041 | ||
| Marketing | 35,432 | 58,666 | 70,733 | ||
| Professional fees | 26,705 | 24,013 | 41,866 | ||
| Office | 3,708 | 20 | 3,362 | ||
| Travel | 2,798 | 390 | 838 | ||
| Licenses and renewals | 1,455 | 900 | 1,200 | ||
| Insurance | - | 3,250 | - | ||
| Total Operating Expenses | 346,774 | 315,395 | 370,040 | ||
| Other Income | |||||
| Interest | 342 | 5,808 | - | ||
| Dividends | 56,637 | 2,298 | - | ||
| Insurance reimbursement | 2,313 | - | - |
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 company's payroll and related expenses for the year 2024 were $276,676. This figure represents the total cost incurred by Clean Your Dirty Face for employee compensation, including salaries, wages, and any associated expenses such as payroll taxes and benefits.
For a prospective franchisee, understanding the franchisor's payroll expenses can provide insights into the operational costs at the corporate level. While this figure doesn't directly translate to the franchisee's potential payroll expenses, it can indicate the franchisor's investment in staffing and support services, which could indirectly benefit franchisees. Franchisees should prepare their own projections for payroll expenses at their specific location.
It's important to note that this figure reflects the expenses of the franchisor, Clean Your Dirty Face, and not the operating expenses of individual franchise locations. A franchisee's payroll expenses will depend on factors such as location, staffing levels, and local wage rates. Therefore, prospective franchisees should conduct their own research and due diligence to estimate their potential payroll and related expenses accurately.