How much were the distributions for Corporate Cleaning Group in 2024?
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 2024 were $188,380. This figure represents the amount of money distributed to members from the company's equity during the fiscal year. Understanding the distribution amounts can help a prospective franchisee assess the financial health and profitability of Corporate Cleaning Group.
These distributions are separate from the net income, which for 2024 was $134,596. The distributions and net income impact the members' equity, which started at $65,986 on January 1, 2024, and ended at $12,202 on December 31, 2024, after accounting for the distributions and net income.
It is important to note that distributions can fluctuate year to year based on the company's financial performance and decisions made by its management. Reviewing the trend of distributions over several years, as presented in the table, provides a more comprehensive view of how Corporate Cleaning Group manages its finances and shares profits with its members. A potential franchisee should consider these figures in conjunction with other financial metrics to gain a thorough understanding of the company's financial stability and practices.