What was the total income for Creative Colors in 2022?
Creative_Colors Franchise · 2025 FDDAnswer from 2025 FDD Document
pital, Beginning | 502,008 | 136,156 | - | 638,164 | | Distributions | (68,578) | (15,246) | | (83,824) | | Retained Earnings/Partners' Capital, Ending | $ 356,858 | $ 146,669 | $ - | $ 503,527 |
| Creative Colors International, Inc. | Creative Properties of Illinois, LLC | Consolidating Eliminations | Consolidated | |
|---|---|---|---|---|
| INCOME | ||||
| Franchise Fees | $ 202,561 | $ - | $ - | $ 202,561 |
| Royalties from Franchisees | 1,181,417 | - | - | 1,181,417 |
| Sales o |
Source: Item 23 — RECEIPT (FDD pages 69–217)
What This Means (2025 FDD)
According to Creative Colors' 2025 Franchise Disclosure Document, the total income for Creative Colors International, Inc. and its affiliates in 2022 was $2,628,641. This consolidated figure includes income from various sources, reflecting the overall financial performance of the Creative Colors brand.
Specifically, Creative Colors International, Inc. generated $2,513,937 in total income, while Creative Properties of Illinois, LLC contributed $114,704. The total income encompasses revenue streams such as franchise fees ($202,561), royalties from franchisees ($1,181,417), sales of supplies ($364,480), income from company stores ($602,365), other sales ($163,114), and rental income ($114,704).
Prospective franchisees should note that this income figure represents the franchisor's total revenue from all sources, not the potential income for an individual franchise location. Understanding the franchisor's financial health can be crucial for assessing the stability and support system available to franchisees. Reviewing these figures in the context of Creative Colors' expenses and overall financial statements can provide a more comprehensive view of the company's financial position.