How much initial franchise fee revenue did Craters & Freighters collect in 2024?
Craters_Freighters Franchise · 2025 FDDAnswer from 2025 FDD Document
The Initial Franchise Fee and the Supplemental Territory Fee, if applicable, are due to us in a lump sum at the time you sign the Franchise Agreement and are non-refundable for any reason once paid. We collected an Initial Franchise Fee of $88,255 in connection with our sale of one Franchised Business during 2024.
Source: Item 5 — INITIAL FEES (FDD pages 11–12)
What This Means (2025 FDD)
According to Craters & Freighters' 2025 Franchise Disclosure Document, the company collected $88,255 in initial franchise fees during 2024. This revenue was generated from the sale of one Craters & Freighters Franchised Business.
For a prospective franchisee, this indicates the franchisor's recent experience in selling franchises. It provides a concrete number to assess the franchisor's growth and activity in the past year. However, it is important to note that this figure represents only the initial franchise fees and does not include any other fees or revenues that Craters & Freighters may have earned from franchisees, such as royalties or other service fees.
It is also important to consider that the number of franchises sold in a single year can vary significantly depending on various factors, including market conditions, the franchisor's marketing efforts, and the overall attractiveness of the franchise opportunity. Therefore, a prospective franchisee should not rely solely on this figure when evaluating the potential of a Craters & Freighters franchise. Instead, they should conduct thorough due diligence and consider all relevant factors before making a decision.