What was the amount of Spray Net's local and digital marketing revenues in 2024?
Spray_Net Franchise · 2025 FDDAnswer from 2025 FDD Document
ty | | 580,993 | | 375,584 | | 560,772 | | Deferred income taxes | | _ | | - | | _ | | Customer deposits - convention | | _ | | _ | | 35,790 | | Brand fund liability | _ | | _ | | _ | 80,280 | | Total Current Liabilities | | 632,929 | _ | 452,689 | _ | 1,123,533 | | Long Term Liabilities | | | | | | | | Contract Liability, net of current | | 3,291,079 | $\equiv$ | 2,758,841 | | 2,795,050 | | Stockholder's (Deficit) | | | | | | | | Common stock | | 38 | | 38 | | 38 | | Equity (Deficit) | | (777,761) | | 22,784 | | (816,921) | | Stockholder's (Deficit) | = | (777,723) | _ | 22,822 | = | (816,883) | | Total Liabilities and Stockholder's (Deficit) | $ 3 | 3,146,285 | $ : | 3,234,352 | $ | 3,101,700 |
| 2024 | 2023 | 2022 | |
|---|---|---|---|
| Revenues | |||
| Franchise revenues | $ 516,443 | $ |
Source: Item 23 — RECEIPTS (FDD pages 75–219)
What This Means (2025 FDD)
According to Spray Net's 2025 Franchise Disclosure Document, the company's local and digital marketing revenues for the year 2024 were $1,490,118. This figure represents the income Spray Net generated specifically from its local and digital marketing efforts during that year.
For a prospective franchisee, this number indicates the scale of Spray Net's marketing activities and their potential effectiveness in generating revenue. It suggests that local and digital marketing plays a significant role in the company's overall financial performance. A growing trend in these revenues from 2022 to 2024 could indicate successful marketing strategies and increasing brand awareness.
It is important to note that this revenue figure does not detail the expenses associated with these marketing activities. A potential franchisee should investigate further to understand the profitability and return on investment (ROI) of Spray Net's marketing efforts. Understanding the costs associated with generating this revenue would provide a more complete picture of the marketing department's efficiency and overall contribution to the company's financial health.