How much were the distributions for Corporate Cleaning Group in 2023?
Corporate_Cleaning_Group Franchise · 2025 FDDAnswer from 2025 FDD Document
(4,500) | (0.24) | (11,000) | (0.81) | (7,000) | (0.66) | | NET INCOME | $ 134,596 | 7.15 % | $ 282,601 | 20.91 % | $ 157,278 | 14.77 % | | | 1 | Members' Equity | |-----------------------------|----|--------------------| | BALANCES, January 1, 2022 | $ | 158,649 | | 2022 Distributions | | (181,536) | | 2022 Net Income | | 157,278 | | BALANCES, December 31, 2022 | | 134,391 | | 2023 Distributions | | (351,006) | | 2023 Net Income | | 282,601 | | BALANCES, Decemb
Source: Item 21 — FINANCIAL STATEMENTS (FDD page 51)
What This Means (2025 FDD)
According to Corporate Cleaning Group's 2025 Franchise Disclosure Document, the distributions for 2023 were ($351,006). This figure represents the amount of money distributed to members or owners of the company during that year. This is an important figure for prospective franchisees to consider, as it provides insight into how the company allocates its profits.
Distributions can be influenced by several factors, including the company's profitability, investment strategies, and decisions regarding reinvestment in the business. A high distribution amount could indicate strong profitability, but it could also mean less capital is being reinvested for growth. Conversely, lower distributions might suggest more focus on reinvestment or potentially lower profits.
Prospective franchisees should analyze these distribution trends in conjunction with other financial metrics, such as net income and revenue growth, to gain a comprehensive understanding of Corporate Cleaning Group's financial health and stability. It's also advisable to inquire about the company's distribution policies and future plans to assess the potential impact on the franchise system.