What was the net revenue for Clear Pest Pros for the year ended December 31, 2024?
Clear_Pest_Pros Franchise · 2025 FDDAnswer from 2025 FDD Document
84,979 | $ 130,969 |
Consolidated Statements of Operations (dollars in thousands)
| Year ended December 31, | 2024 | 2023 | 2022 (as restated) |
|---|
Source: Item 21 — FINANCIAL STATEMENTS (FDD page 67)
What This Means (2025 FDD)
According to Clear Pest Pros's 2025 Franchise Disclosure Document, the net revenue for the year ended December 31, 2024, was $29,538. This figure represents the total revenue earned by Clear Pest Pros during that period, without subtracting any costs or expenses.
It's important to note that this is the franchisor's revenue, not the revenue of an individual franchise location. A prospective franchisee would need to analyze Item 19 in the FDD, if available, to understand potential revenues and expenses for a franchise unit. Item 19 provides financial performance representations that can help a franchisee forecast their potential earnings.
Understanding the franchisor's financial performance can still be valuable. While not directly indicative of a franchisee's potential earnings, it reflects the overall health and stability of the Clear Pest Pros system. Declining revenue for the franchisor could signal potential challenges for the brand, while growing revenue might indicate a strong and expanding system.