What was the net sales for Corporate Cleaning Group in 2022?
Corporate_Cleaning_Group Franchise · 2025 FDDAnswer from 2025 FDD Document
| | | | Total Members' Equity | 12,202 | 65,986 | 134,391 | | TOTAL LIABILITIES AND MEMBERS' EQUITY | $ 906,345 | $ 932,997 | $ 578,866 |
| 2024 | Percent of Sales | 2023 | Percent of Sales | 2022 | Percent of Sales | |
|---|---|---|---|---|---|---|
| NET SALES | $1,882,990 |
Source: Item 21 — FINANCIAL STATEMENTS (FDD page 51)
What This Means (2025 FDD)
According to Corporate Cleaning Group's 2025 Franchise Disclosure Document, the net sales for 2022 were $1,064,980. This figure represents 100% of the company's total income for that year, indicating that all of Corporate Cleaning Group's revenue came from sales.
For a prospective franchisee, understanding the franchisor's net sales is crucial as it provides insight into the overall financial health and revenue generation capability of the franchise system. Higher net sales generally indicate a stronger brand and more successful franchise operations. This information, combined with other financial metrics, can help potential franchisees assess the viability and potential profitability of investing in a Corporate Cleaning Group franchise.
It's important to note that while net sales provide a snapshot of the franchisor's revenue, it does not reflect the expenses or profitability of individual franchise units. Prospective franchisees should carefully review the financial performance representations (FPR) in Item 19 of the FDD, and conduct their own independent research and due diligence, to understand the potential financial performance of a Corporate Cleaning Group franchise in their specific market.