What were the total revenues for Dq Treat in 2023?
Dq_Treat Franchise · 2025 FDDAnswer from 2025 FDD Document
| Assets | December 31 | |
|---|---|---|
| 2024 | 2023 | |
| Current assets | $ 27,271 | $ 27,032 |
| Cash and cash equivalents | ||
| Notes and accounts receivable—less allowance of $1,501 and $903 | 50,352 | 50,742 |
| in 2024 and 2023, respectively | ||
| Income tax receivable | 7,731 | 1,292 |
| Cash pooling receivable from affiliate | 44,559 | 55,807 |
| Inventories | 120 | 118 |
| Prepaid expenses | 2,047 | 2,604 |
| Total current assets | 132,080 | 137,595 |
| Noncurrent assets | ||
| Property and equipment, net | 10,903 | 12,309 |
| Goodwill | 92,023 | 92,214 |
| Intangibles, net | 82,398 | 80,049 |
| Operating lease assets | 5,090 | 5,799 |
| Other | 33,412 | 32,547 |
| Total noncurrent assets | 223,826 | 222,918 |
| Total assets | $ 355,906 | $ 360,513 |
| Liabilities and Stockholder's Equity | ||
| Current liabilities | ||
| Accounts payable | $ 27,026 | $ 24,348 |
| Committed advertising | 39,844 | 35,618 |
| Unredeemed gift card liabilities | 102,697 | 97,376 |
| Other liabilities | 36,889 | 38,613 |
| Current portion of operating lease liabilities | 1,004 | 962 |
| Total current liabilities | 207,460 | 196,917 |
| Noncurrent liabilities | ||
| Deferred franchise income | 3,024 | 2,816 |
| Deferred income taxes—net | 17,652 | 17,337 |
| Long-term operating lease liabilities | 7,305 | 8,365 |
| Other long-term liabilities | 40,155 | 41,702 |
| Total noncurrent liabilities | 68,136 | 70,220 |
| Total liabilities | 275,596 | 267,137 |
| Commitments and contingencies | ||
| Stockholder's equity | - | - |
| Class A common stock, $0.01 par value—authorized and outstanding, 1,000 shares | ||
| Additional paid-in capital | 152,197 | 152,197 |
| Retained deficit | (68,411) | (56,286) |
| Accumulated other comprehensive loss | (3,476) | (2,535) |
| Total stockholder's equity | 80,310 | 93,376 |
| Total liabilities |
Source: Item 17 — The following paragraph is added to the end of Item 17 of the Disclosure Document: (FDD pages 70–378)
What This Means (2025 FDD)
According to Dq Treat's 2025 Franchise Disclosure Document, the total revenues for the company in 2023 were $248,261. This figure represents the sum of several revenue streams, including service fees, other fees and franchise sales, sales of advertising kits, sales of company-owned restaurants, and other miscellaneous income. These revenues provide insight into the overall financial health and performance of Dq Treat as a franchise system.
Specifically, the revenue breakdown for 2023 includes $188,908 from service fees, $45,918 from other fees and franchise sales, $9,751 from sales of advertising kits, $3,412 from sales of company-owned restaurants, and $272 from other sources. Service fees constitute the largest portion of the total revenue, indicating the importance of ongoing fees paid by franchisees. The other revenue streams, while smaller, collectively contribute to the overall financial picture of Dq Treat.
Prospective franchisees should consider these revenue figures in the context of the company's costs and expenses, which totaled $127,777 in 2023. The operating income for the same year was $120,484, and after accounting for net interest income and income taxes, the net income was $93,884. Understanding the relationship between revenues, expenses, and net income is crucial for evaluating the potential profitability of a Dq Treat franchise. These figures provide a baseline for assessing the financial stability and growth potential of the franchise system.