What was the total Net Sales for Gold Star?
Gold_Star Franchise · 2025 FDDAnswer from 2025 FDD Document
| GSC | |||||
|---|---|---|---|---|---|
| Gold Star | Properties, | ||||
| Chili, Inc. | LLC | TCWW, LLC | Eliminations | Total | |
| Current Liabilities | |||||
| Line of Credit | , | $ - : | $ - | , | |
| Installment Note Payable | 486,680 | 279,987 | - | - | 766,667 |
| Advances - Related Party | 1,940,597 | - | - | (1,940,597) | - |
| Accounts Payable Operating | 534,335 | 43,480 | 47,874 | (53,490) | 572,199 |
| Operating Lease Liabilities | 824,874 | - | 103,424 | - | 928,298 |
| Gift Card Liability | - | - | 70,167 | - | 70,167 |
| Accrued Wages and Related Liabilities | 373,538 | - | 7,137 | - | 380,675 |
| Accrued Expenses and Other Liabilities | (4,831) | 18,703 | (44) | - | 13,828 |
| Deferred Franchise Fees | 14,775 | 1,100 | 15,875 | ||
| Total Current Liabilities | 4,269,976 | 342,170 | 229,658 | (1,994,087) | 2,847,717 |
| Long-Term Liabilities | |||||
| (Less Current Portion) | |||||
| Line of Credit | 1,399,992 | - | - | - | 1,399,992 |
| Installment Note Payable | 7,151,608 | 5,931,166 | - | (1,817,565) | 11,265,209 |
| Operating Lease Liabilities | 8,674,979 | - | 1,855,590 | - | 10,530,569 |
| Advances - Related Party | - | - | 3,441,832 | (3,441,832) | - |
| Deferred Franchise Fees | 60,041 | 5,867 | 65,908 | ||
| Total Long-Term Liabilities | 17,286,620 | 5,931,166 | 5,303,289 | (5,259,397) | 23,261,678 |
| Total Liabilities | 21,556,596 | 6,273,336 | 5,532,947 | (7,253,484) | 26,109,395 |
| Stockholders' Equity | |||||
| Common Stock, No Par Value; | |||||
| 10,000 Shares Authorized, Issued | |||||
| and Outstanding | 1,000 | _ | _ | _ | 1,000 |
| Paid-In Capital | 212,680 | _ | _ | _ | 212,680 |
| Retained Earnings | 631,685 | _ | _ | (1,169,503) | (537,818) |
| Members' Deficit | - | _ | (2,164,835) | 2,164,835 | (007,010) |
| Accumulated Other Comprehensive Income | 194,930 | (2,104,000) | 194,930 | ||
| Total Gold |
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 sales for Gold Star Chili, Inc., GSC Properties, LLC, and TCWW, LLC, including eliminations, amounted to $26,104,752. Of this, $23,132,556 is attributed to Gold Star Chili, Inc., $2,972,196 to TCWW, LLC, and there are no net sales listed for GSC Properties, LLC.
For a prospective franchisee, understanding the net sales is crucial as it reflects the total revenue generated from sales before any deductions for costs or expenses. This figure provides insight into the brand's overall market performance and consumer demand. The net sales can be used to evaluate the potential revenue a franchisee might expect to generate, although individual store performance can vary significantly based on location, management, and local market conditions.
It's important to note that the net sales figure includes revenue from various sources, including sales to franchisees, company-owned restaurants, and grocery stores. Additionally, the document consolidates the financials of Gold Star Chili, Inc. with its subsidiary TCWW, LLC, and its consolidated entity, GSC Properties, LLC. Franchisees should investigate further to understand the breakdown of revenue streams and how they might impact their specific franchise location. Understanding these components can help a franchisee develop realistic financial projections and business plans.