How much did Pump It Up collect in royalties in 2024?
Pump_It_Up Franchise · 2025 FDDAnswer from 2025 FDD Document
| 2024 | 2023 | |||
|---|---|---|---|---|
| REVENUE | ||||
| Royalties | $ 2,328,873 | $ 2,718,682 |
Source: Item 23 — RECEIPTS (FDD pages 60–225)
What This Means (2025 FDD)
According to Pump It Up's 2025 Franchise Disclosure Document, the company collected $2,328,873 in royalties during the year 2024. This figure represents the total royalty payments received from all Pump It Up franchised locations. Royalties are typically a percentage of gross revenue, paid by franchisees to the franchisor in exchange for the use of the Pump It Up brand name, operating systems, and ongoing support.
For a prospective franchisee, this indicates the scale of the royalty revenue stream for Pump It Up. It also provides context for understanding the financial health and revenue generation of the franchise system as a whole. Franchisees should consider this figure in conjunction with the royalty percentage outlined in the FDD to estimate their own potential royalty obligations based on projected gross revenues.
It's important to note that royalty payments are a recurring expense for franchisees, impacting their profitability. While this document shows the total royalties collected by Pump It Up, prospective franchisees should review their individual franchise agreement to understand the specific royalty rate and payment terms applicable to their location. Understanding these obligations is crucial for accurate financial planning and assessing the overall viability of the franchise investment.