What was the amount of Dryject's advertising fees in 2023?
Dryject Franchise · 2025 FDDAnswer from 2025 FDD Document
ion | 7 | | | 2 /2,02 / | | Long term debt - net of current portion Total Liabilities | _ | 644,594 Ordenda Mada de | 20 | 907,771 000000000000000000000000000000000000000 |
DRYJECT MANAGEMENT, LLC STATEMENTS OF INCOME AND MEMBER'S CAPITAL FOR THE YEARS ENDED DECEMBER 31, 2023 AND 2022
| 2023 | 2022 | |||
|---|---|---|---|---|
| Revenue: Franchise fees Initial, renewal, modification and transfer fees | $ 918,50 169,10 | ) | 845,134 41,337 | |
| Advertising fees Total Revenue | 143,600 1,231,207 | 1,0 |
Source: Item 8 — BUSINESS RELATIONSHIP (FDD pages 68–229)
What This Means (2025 FDD)
According to Dryject's 2025 Franchise Disclosure Document, the advertising fees for Dryject in 2023 were $143,600. This figure is part of the total revenue reported for that year, which amounted to $1,231,207.
For a prospective franchisee, understanding the advertising fees is crucial as it reflects the investment Dryject makes in promoting the brand. These fees contribute to marketing efforts that can drive customer acquisition and brand recognition. It is important to note that while Dryject spent $143,600 on advertising fees, they also incurred $147,050 in advertising and promotion expenses in 2023.
Franchisees should consider these figures in relation to their own local advertising obligations and the potential benefits they might receive from Dryject's marketing initiatives. It's also worth comparing these advertising expenditures with those of previous years to identify any trends or changes in Dryject's marketing strategy. Reviewing these numbers helps potential franchisees assess the value and effectiveness of Dryject's advertising efforts and how they align with their business goals.