factual

For Kitchen Solvers, what does the term 'Range' represent in Tables 1 through 3 of Item 19?

Kitchen_Solvers Franchise · 2025 FDD

Answer from 2025 FDD Document

    1. "Range" provides the lowest and highest outcome experienced for each category.

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 term "Range" in Tables 1 through 3 of Item 19 represents the lowest and highest financial outcomes experienced within each category presented. This provides prospective franchisees with an understanding of the potential variability in financial performance among Kitchen Solvers franchises.

Specifically, Table 1 reflects the average Gross Revenue Less Disclosed Expenses achieved during the Measurement Period for Item 19 Franchise Owners, disclosing the highest and lowest overall Gross Revenue Less Disclosed Expenses in the group. Table 2 presents the Average Gross Revenue for three tiers of Item 19 Franchise Owners (top, middle, and bottom third), disclosing the highest and lowest Gross Revenue achieved in each tier. Table 3 reflects the Average Gross Revenue for Item 19 Franchise Owners in business for 1-4 years and those in business for more than 4 years, disclosing the highest and lowest Gross Revenue achieved in each group.

Understanding the range of financial outcomes is crucial for prospective Kitchen Solvers franchisees. It allows them to assess the potential risks and rewards associated with investing in a franchise. By considering the lowest and highest outcomes, franchisees can develop more realistic financial projections and business plans, as Kitchen Solvers encourages franchisees to do. This information helps in preparing for various scenarios and making informed decisions about their investment. However, Kitchen Solvers also states that individual results may differ, and there is no assurance that franchisees will earn as much as some of the top performers.

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.