What was the total amount of member's 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 total amount of member's distributions for the year 2024 was $1,018,232. This figure represents the funds distributed to the members or owners of the Clean Your Dirty Face franchise system during that fiscal year. In comparison, the member's distributions for the year 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 don't directly impact a franchisee's operations, they reflect the franchisor's financial strategy and the overall financial health of the company. Large distributions could indicate strong profitability, but it's important to consider them in the context of other financial metrics, such as net income, revenue, and liabilities.
It's also worth noting that member's contributions for 2024 totaled $340,000, while in 2023, they were significantly higher at $1,004,952. These contributions represent funds invested by the members into the company. The interplay between contributions and distributions can provide a more complete picture of the company's capital structure and financial activities. Prospective franchisees should analyze these figures in conjunction with other financial data to assess the long-term stability and growth potential of Clean Your Dirty Face.