What was the total franchise revenue for Craters & Freighters for the year ended December 31, 2021?
Craters_Freighters Franchise · 2025 FDDAnswer from 2025 FDD Document
Picture_0.jpeg)
| Years Ended December 31, | Amount | % | Amount | % | ||
|---|---|---|---|---|---|---|
| Revenues | ||||||
| Franchise Revenues | $ | 1,791,736 | 30.1 % $ | 2,101,299 | 32.2 9 | |
| Royalty Revenues, net of Royalty Rebates | Ţ | 4,048,135 | 68.2 | 4,232,547 | 66.4 | |
| Initial Franchise Fee and Transfer Fee Revenue | 98,255 | 1.7 | 39,000 | 1.4 | ||
| Total Revenues | 5,938,126 | 100.0 | 6,372 |
Source: Item 21 — FINANCIAL STATEMENTS (FDD page 49)
What This Means (2025 FDD)
According to Craters & Freighters' 2025 Franchise Disclosure Document, the total revenue for the year ended December 31, 2023, was $6,372,846, and for the year ended December 31, 2024, it was $5,938,126. Franchise revenues for 2023 were $2,101,299 and $1,791,736 for 2024. Royalty revenues, net of royalty rebates, were $4,232,547 in 2023 and $4,048,135 in 2024. Initial franchise fee and transfer fee revenue totaled $39,000 in 2023 and $98,255 in 2024.
These figures provide insight into the revenue streams of Craters & Freighters, highlighting the relative contributions of franchise fees, royalties, and other sources to the company's overall financial performance. A prospective franchisee can analyze these trends to understand how the revenue composition has changed over the two years presented. Understanding the revenue mix can help potential franchisees assess the stability and growth potential of the franchise model.
However, the document does not include the total franchise revenue for the year ended December 31, 2021. A prospective franchisee should request this information from Craters & Freighters to gain a more comprehensive understanding of the company's financial performance over time. Examining revenue trends over a longer period can reveal important insights into the franchise's growth trajectory and resilience.