What was the amount of distribution to member for Pump It Up in 2024?
Pump_It_Up Franchise · 2025 FDDAnswer from 2025 FDD Document
| 2024 | 2023 | |
|---|---|---|
| ASSETS |
Source: Item 23 — RECEIPTS (FDD pages 60–225)
What This Means (2025 FDD)
According to Pump It Up's 2025 Franchise Disclosure Document, the distribution to the member in 2024 was $(1,260,000). This figure represents the cash outflow from the company to its member, FB Holdings, LLC, during the specified year. In 2023, there was no distribution to member.
This distribution is part of the broader financial activities of FB Holdings, LLC, the parent company of Pump It Up Holdings, LLC. The FDD includes consolidated financial statements for FB Holdings, LLC, and its subsidiaries, offering a detailed view of the company's financial performance. These statements include cash flow information, which helps prospective franchisees understand the financial dynamics within the Pump It Up franchise system.
Understanding the distribution to members can be crucial for potential franchisees as it provides insight into how the company manages its finances and allocates profits. While this specific figure reflects the distribution for a single year, reviewing trends over multiple years, as presented in the financial statements, can offer a more comprehensive understanding of the company's financial practices. This information is valuable for making informed decisions about investing in a Pump It Up franchise.