What were the total operating expenses for Deer Solution in 2022?
Deer_Solution Franchise · 2025 FDDAnswer from 2025 FDD Document
Members' Equity | | | Members' equity | 116,303 | | Total Members' Equity | 116,303 | | Total Liabilities and Members' Equity | $ 452,160 |
Deer Solution Franchising, LLC Statement Of Operations Year Ended December 31, 2022
| Revenues | 2022 | |
|---|---|---|
| Initial franchise fees | $ | 284,143 |
| Royalties | Υ. | 11,498 |
| Brand development fund | 2,555 | |
| Total Revenues | 298,197 | |
| Operating Expenses | ||
| Advertising and marketing | 6,139 | |
| Insurance | 19,725 | |
| Software and application | 5,445 | |
| Commissions | 67,857 | |
| Professional and |
Source: Item 23 — RECEIPTS (FDD pages 55–246)
What This Means (2025 FDD)
According to Deer Solution's 2025 Franchise Disclosure Document, the total operating expenses for the company in 2022 were $221,294. These expenses include several categories, offering insight into where Deer Solution Franchising, LLC allocated its resources.
Specifically, the operating expenses break down as follows: advertising and marketing costs were $6,139, insurance expenses totaled $19,725, and software and application expenses amounted to $5,445. Commission costs were significantly higher at $67,857, while professional and legal fees were $5,000. General and administrative expenses were $6,799, and related party management fees were the largest single expense at $110,329.
Prospective franchisees should consider these figures in relation to the total revenues of $298,197 for the same period. Understanding the breakdown of operating expenses can help potential franchisees assess the financial health and operational efficiency of Deer Solution. Reviewing these expenses in comparison to revenue can provide a clearer picture of profitability and potential return on investment.