What was the total Income (Loss) From Operations for Gold Star?
Gold_Star Franchise · 2025 FDDAnswer from 2025 FDD Document
| Net Sales | $ | 23,132,556 | $ | - | $ | 2,972,196 | $ | - $ | 26,104,752 |
|---|---|---|---|---|---|---|---|---|---|
| Cost of Sales | _ | 8,296,902 | _ | 769,402 | 9,066,304 | ||||
| Gross Profit | 14,835,654 | - | 2,202,794 | - | 17,038,448 | ||||
| Selling, General and | 12.072.620 | 702 529 | 2 225 042 | (465.260) | 16 526 040 | ||||
| Administrative Expenses | - | 13,973,638 | - | 703,528 | 2,325,043 | - | (465,260) | 16,536,949 | |
| Income (Loss) From Operations | _ | 862,016 | _ | (703,528) | (122,249) | 465,260 | 501,499 | ||
| Other Income (Expenses) | |||||||||
| Rental Income | 1,242,372 | 2,157,301 | _ | (479,628) | 2,920,045 | ||||
| Rent Expense | (363,595) | - | - | - | (363,595) | ||||
| Franchise Fees | 16,725 | - | - | - | 16,725 | ||||
| Interest Income | 73,388 | - | - | (73,388) | - | ||||
| Other Income | 56,178 | 8,872 | 633 | - | 65,683 | ||||
| Interest Expense | (533,986) | (331,489) | - | 73,388 | (792,087) | ||||
| Loss From Investment in | |||||||||
| Limited Liability Company | (121,616) | - | - | 121,616 | - | ||||
| Insurance Proceeds | - | - | 150,000 | 150,000 | |||||
| Total Other Income (Expenses) | _ | 369,466 | 1,984,684 | 633 | (358,012) | 1,996,771 | |||
| Net Income (Loss) | 1,231,48 |
Source: Item 23 — Receipts (FDD pages 53–163)
What This Means (2025 FDD)
According to Gold Star's 2025 Franchise Disclosure Document, the total Net Income (Loss) is $2,498,270. This figure represents the combined net income (loss) from Gold Star Chili, Inc. ($1,231,482), GSC Properties, LLC ($1,281,156), and TCWW, LLC (-$121,616), after accounting for eliminations ($107,248).
For a prospective franchisee, this indicates the overall financial performance of the Gold Star entities. A positive net income suggests that the company's operations are profitable when considering all revenue sources and expenses. However, it is important to note that this is a consolidated figure, and the performance of individual entities (like TCWW, LLC which shows a loss) may vary.
Franchisees should consider this number in conjunction with other financial metrics and qualitative factors to assess the financial health and stability of Gold Star. Understanding the specific contributions and expenses of each entity can provide a more detailed picture of where the company's strengths and weaknesses lie. It is also important to compare these figures with previous years to identify trends and potential areas of concern or growth.