What was the total franchise fees revenue for Clean Your Dirty Face in 2022?
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 |
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 franchise fee revenue for 2022 was $387,002. This figure represents the income Clean Your Dirty Face earned from initial franchise fees paid by new franchisees. Franchise fees are typically a one-time, upfront payment that grants franchisees the right to operate under the Clean Your Dirty Face brand and utilize its business system.
For a prospective franchisee, this number indicates the franchisor's ability to attract new franchisees. A consistent or growing franchise fee revenue stream can suggest a healthy and expanding franchise system. However, it is important to consider this figure in conjunction with other financial metrics, such as royalty revenue and total revenue, to gain a comprehensive understanding of Clean Your Dirty Face's financial performance.
It's also worth noting that franchise fee revenue can fluctuate depending on the number of new franchises sold in a given year. Therefore, it's important for potential franchisees to analyze historical trends and understand the factors that may influence future franchise sales. Additionally, the FDD includes an independent auditor's report that covers the 2022 statement of income, which may provide further insights into the reliability and accuracy of this financial data.