For which years are revenue figures provided for Crawlspace Medic locations in this table?
Crawlspace_Medic Franchise · 2024 FDDAnswer from 2024 FDD Document
0, respectively.
NOTE C -- ROYALTY FEES RECEIVABLE
Royalty fees receivable consist of the following at December 31:
| Location | 2023 | 2022 | 2021 |
|---|---|---|---|
| Crawlspace Medic - | $ - | $ - | $ 3,880 |
| Charlotte | |||
| Crawlspace Medic - | - |
Source: Item 21 — FINANCIAL STATEMENTS (FDD page 42)
What This Means (2024 FDD)
According to Crawlspace Medic's 2024 Franchise Disclosure Document, the provided table includes revenue figures for the years 2021, 2022 and 2023. Specifically, the table presents financial data for Crawlspace Medic locations in Charlotte, Columbia, and Nashville.
The table shows revenue figures for these locations. For example, the Charlotte location had revenues of $3,880 in 2021, while the Columbia location had revenues of $4,448 in 2021, and the Nashville location had revenues of $1,644 in 2021. There are no revenue figures listed for 2022 or 2023 for any of these locations.
Prospective franchisees can use this information to understand the historical performance of these specific Crawlspace Medic locations. However, it's important to note that past performance is not necessarily indicative of future results. Franchisees should also consider other factors, such as local market conditions and their own management capabilities, when evaluating the potential profitability of a Crawlspace Medic franchise.