What were the total royalty fees Face Foundrie collected in 2023?
Face_Foundrie Franchise · 2025 FDDAnswer from 2025 FDD Document
| 2024 | 2023 | 2022 | |||
|---|---|---|---|---|---|
| Operating revenues | |||||
| Royalty fees | $ | 1,736,820 | $ | 1,067,442 | $ |
Source: Item 21 — FINANCIAL STATEMENTS (FDD page 73)
What This Means (2025 FDD)
According to Face Foundrie's 2025 Franchise Disclosure Document, the company collected $1,067,442 in royalty fees during the year 2023. This figure represents the total amount of royalty payments Face Foundrie received from all of its franchisees for that year. Royalty fees are typically a percentage of a franchisee's gross sales and are a primary source of revenue for the franchisor.
For a prospective Face Foundrie franchisee, this number provides insight into the financial health and revenue streams of the franchisor. It demonstrates the scale of royalty income generated from the franchise system. A consistent and growing royalty fee collection suggests a healthy and expanding franchise network.
It's important to note that royalty fees are ongoing payments that franchisees must make to Face Foundrie throughout the term of their franchise agreement. These fees are in exchange for the continued use of the Face Foundrie brand, system, and support. The amount of royalty fees can vary depending on the specific terms outlined in the franchise agreement.