What was the total revenue for Dryject in 2024?
Dryject Franchise · 2025 FDDAnswer from 2025 FDD Document
| ion | _ | 193,962 | _ | 372,752 |
|---|---|---|---|---|
| Total Liabilities | _ | 461,346 | - | 644,594 |
| Total Liabilities Member's Capital | 461,346 (123,606) | 644,594 29,189 |
DRYJECT MANAGEMENT, LLC STATEMENTS OF INCOME AND MEMBER'S CAPITAL FOR THE YEARS ENDED DECEMBER 31, 2024 AND 2023
| 2024 | 2023 | |||
|---|---|---|---|---|
| Revenue: Franchise fees Initial, renewal, modification and transfer fees | $ 986,1 23,6 | 00 | 918,507 169,100 | |
| Advertising fees Total Revenue | 144,6 | _ | 143,600 1,231,207 | |
| Expenses: | ||||
| Legal and professional | 49,8 | 13 | 80,748 | |
| Bank and credit card fees | 21,4 | 94 | 25,452 | |
| Management fees | 745,0 | 00 | 710,000 | |
| Advertising and promotion | 147,3 | 47 | 147,050 | |
| Office | 6 | 98 | 1,202 | |
| Bad debt | . | 32,183 | ||
| Interest expense | 42,3 | 81 | 58,564 | |
| Amortization - finance cost | 4,2 | 4,287 | ||
| Amortization e |
Source: Item 8 — BUSINESS RELATIONSHIP (FDD pages 68–229)
What This Means (2025 FDD)
According to Dryject's 2025 Franchise Disclosure Document, the total revenue for Dryject Management, LLC in 2024 was $1,231,207. This revenue is comprised of franchise fees of $986,100 and advertising fees of $144,600.
For a prospective franchisee, understanding the revenue streams of Dryject is crucial. The majority of Dryject's revenue comes from franchise fees, which include initial, renewal, modification, and transfer fees. A smaller portion is derived from advertising fees. This breakdown gives potential franchisees insight into how Dryject generates income and where its financial interests lie.
It's also important to note the expenses Dryject incurs. In 2024, Dryject's total expenses were $1,161,936, resulting in a net loss of $7,632. Major expense categories include management fees ($745,000), advertising and promotion ($147,347), and amortization expense ($150,916). Reviewing these figures helps a franchisee understand the financial health and operational costs of Dryject.
While the total revenue figure is a key indicator, prospective franchisees should also consider the expenses and net income to get a complete picture of Dryject's financial performance. A net loss, as seen in 2024, may warrant further investigation into the company's financial strategies and future outlook.