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What were the total expenses for Dryject in 2022?

Dryject Franchise · 2025 FDD

Answer 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 1,036,071
Expenses: Legal and professional Bank and credit card fees Management fees Advertising and promotion Office Bad debt Interest expense Amortization expense 80,74 25,45 710,000 147,05 1,20 32,18 58,56 155,20 2 2 2 2 2 3 4 41,727 17,569 655,000 160,614 1,626 - 47,346 155,203
Total Expenses 1,210,40 2 1,079,085

Source: Item 8 — BUSINESS RELATIONSHIP (FDD pages 68–229)

What This Means (2025 FDD)

According to Dryject's 2025 Franchise Disclosure Document, the total expenses for Dryject in 2022 were $1,079,085. This figure is derived from the company's financial statements, which include various expense categories such as legal and professional fees, bank and credit card fees, management fees, advertising and promotion, office expenses, bad debt, interest expense, and amortization expense. These expenses reflect the costs Dryject incurred to operate and manage its business during that year.

For a prospective franchisee, understanding the total expenses is crucial for assessing the financial health and profitability of Dryject. It provides insight into the cost structure of the business and helps in forecasting potential earnings. By examining the different expense categories, a franchisee can identify areas where costs might be optimized or where additional investment may be required.

It's important to note that these expenses are specific to Dryject's corporate operations and may not directly translate to the expenses a franchisee will incur. Franchisees will have their own set of operating costs, including franchise fees, royalties, local marketing expenses, and other business-related expenses. However, reviewing Dryject's expenses can offer a benchmark for understanding potential costs and managing their own business finances effectively. Franchisees should compare these figures with their own projected expenses to develop a realistic financial plan.

Disclaimer: This information is extracted from the 2025 Franchise Disclosure Document and is provided for research purposes only. It does not constitute legal or financial advice. Consult with a franchise attorney before making any investment decisions.