For the Kitchen Solvers Item 19 survey, what was the Measurement Period?
Kitchen_Solvers Franchise · 2025 FDDAnswer from 2025 FDD Document
As of December 31, 2024, there were fifty-nine (59) franchised outlets (with each "outlet" representing one franchised territory) open. Out of these fifty-nine (59) franchised outlets: (a) sixteen (16) were not in operation for a full twelve (12) months as of December 31, 2024; and (b) one (1) outlet is located in Canada. We sent unaudited Item 19 surveys to all remaining forty-two (42) franchised outlets requesting the financial performance information detail disclosed in this Item 19 (each an "Item 19 Survey") for the 2024 calendar year (the "Measurement Period"). Twenty-three (23) franchise owners representing thirty-one (31) of the franchised outlets responded to the survey. We refer to these thirty-one (31) outlets as the "Item 19 Outlets" and the twenty-three (23) franchise owners as the "Item 19 Franchise Owners" in this Item 19 financial performance representation.
Source: Item 19 — FINANCIAL PERFORMANCE REPRESENTATIONS (FDD pages 40–44)
What This Means (2025 FDD)
According to Kitchen Solvers's 2025 Franchise Disclosure Document, the Measurement Period for the Item 19 survey was the 2024 calendar year. Kitchen Solvers sent Item 19 surveys to 42 franchised outlets, requesting financial performance information for this period.
The Item 19 financial performance representation is based on data collected from 31 of these franchised outlets, which are referred to as the "Item 19 Outlets." The responses came from 23 franchise owners, who are identified as the "Item 19 Franchise Owners." This data forms the basis for the financial performance metrics presented in Item 19, including average gross revenue and other financial indicators.
Prospective franchisees should understand that the financial performance data reflects the 2024 calendar year and may not be indicative of future performance. Factors such as economic conditions, market changes, and individual franchisee performance can influence results. Kitchen Solvers encourages prospective franchisees to develop their own business plans and consult with financial advisors to assess the potential financial performance of a franchise.