What was the total revenue for Kitchen Solvers for the year ended December 31, 2024?
Kitchen_Solvers Franchise · 2025 FDDAnswer from 2025 FDD Document
| Statements of Income and Members’ Equity | |||||
|---|---|---|---|---|---|
| Years Ended December 31, 2024, 2023, and 2022 | 2024 | 2023 | 2022 | ||
| Franchise sales | $ 304,040 | $ 313,541 | $ 270,770 | ||
| Other franchise fees and rebills | 1,480,288 | 1,216,838 | 1,319,541 | ||
| Manufacturing sales | 439,679 | 79,392 | - | ||
| Total revenue | 2,224,007 | 1,609,771 | 1,590,311 |
Source: Item 23 — Receipts (FDD pages 49–190)
What This Means (2025 FDD)
According to Kitchen Solvers' 2025 Franchise Disclosure Document, the total revenue for the company for the year ended December 31, 2024, was $2,224,007. This revenue is derived from three primary sources: franchise sales, other franchise fees and rebills, and manufacturing sales. Understanding the composition of this revenue is important for prospective franchisees.
Franchise sales contributed $304,040 to the total revenue. Other franchise fees and rebills accounted for a more substantial portion, amounting to $1,480,288. Manufacturing sales, the third revenue stream, generated $439,679. The combination of these three revenue streams resulted in the total revenue figure for 2024.
For comparison, the FDD also provides revenue figures for the years 2023 and 2022. In 2023, Kitchen Solvers' total revenue was $1,609,771, and in 2022, it was $1,590,311. This data allows potential franchisees to assess the company's revenue trends over the three-year period. Reviewing these figures can help in understanding the potential financial performance and stability of the Kitchen Solvers franchise system.