According to the 2024 Crawlspace Medic Franchise Disclosure Document, the royalty fees receivable for the Charlotte location as of December 31, 2021, was $3,880. This figure represents the amount of royalties that Crawlspace Medic expected to collect from the Charlotte franchise for that period. Royalty fees receivable consist of royalty fees receivable at year end from the prior month of operations. Management estimates that all amounts are collectible at December 31, 2023, 2022, and 2021.

It is important to note that this is just one component of the overall financial picture. Franchisees should consider this figure in conjunction with other financial data provided in the FDD, such as total revenues, expenses, and profits, to get a comprehensive understanding of the financial performance of specific locations.

Prospective franchisees should also inquire about the factors that can influence royalty fees receivable, such as sales volume, the royalty rate, and the franchisor's collection policies. Understanding these factors can help franchisees better forecast their own financial performance and manage their cash flow effectively.