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What was the total amount of Net Income for Floyds 99 in 2025?

Floyds_99 Franchise · 2025 FDD

Answer from 2025 FDD Document

Assets 2025
Current Assets
Cash $ 238,628
Restricted Cash $ 212,744
Accounts Recievable $ 21,424
Due From Related Party $ 2,468,418
Prepaid and other $ 299,633
Total Current Assets $ 3,240,847
Capitalized Software - Net $ 86,017
Note Recievable $ -
Total assets $ 3,326,864
Liabilities

Source: Item 23 — RECEIPT (FDD pages 58–229)

What This Means (2025 FDD)

According to Floyds 99's 2025 Franchise Disclosure Document, the company's Net Income for 2025 was $1,615,255. This figure represents the earnings remaining after deducting all operating expenses from the total net sales, which include franchise royalties, national marketing agency fund revenue, and franchise fees. This unaudited financial information offers potential franchisees an insight into the financial performance of Floyds 99 Franchising, LLC.

Understanding the components of net sales and operating expenses is crucial for prospective franchisees. Net sales consist of various revenue streams, with franchise royalties contributing significantly at $1,994,936, followed by national marketing agency fund revenue at $569,940, and franchise fees at $45,617. Operating expenses, which totaled $995,238, include general and administrative expenses ($660,414) and marketing expenses ($334,824). These figures provide a detailed breakdown of where the company's revenue comes from and where its money is spent.

It is important to note that these financial statements are unaudited, as indicated in Exhibit G of the FDD. Floyds 99 advises prospective franchisees to be aware that no certified public accountant has audited these figures or expressed an opinion regarding their content or form. Therefore, while the net income figure provides a snapshot of the company's financial health, potential franchisees should consider this information as preliminary and conduct their own due diligence, including consulting with financial advisors, to verify the accuracy and reliability of these figures before making any investment decisions.

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.