What was the total amount of advertising fees collected by Epcon Communities in 2024?
Epcon_Communities Franchise · 2025 FDDAnswer from 2025 FDD Document
Percentage Applicable to Unit Closings for that Calendar Year | |---|---| | 1-6 | 2.00 | | 7-12 | 1.75 | | 13-24 | 1.50 | | 25-50 | 1.25 | | 51 and more | 1.00 | Consolidated Statements of Income and Changes in Member's Equity For the Years Ended December 31, 2024 and 2023
| | 2024 | 2023 | |------------------
Source: Item 23 — RECEIPTS (FDD pages 86–280)
What This Means (2025 FDD)
According to Epcon Communities' 2025 Franchise Disclosure Document, the total advertising fees collected in 2024 were $432,905. This is an increase from the $360,797 collected in 2023. These advertising fees contribute to the overall franchising revenue, which totaled $7,172,715 in 2024.
Advertising revenue is a key component of Epcon Communities' financial structure, as it directly impacts the funds available for marketing and promotional activities. These activities are intended to benefit both the franchisees and Epcon Communities through increased brand awareness and lead generation.
Prospective franchisees should consider the advertising fees in relation to the overall costs and potential benefits of the franchise. Understanding how these fees are used and the impact they have on marketing efforts is crucial for evaluating the value and potential return on investment of an Epcon Communities franchise.