What was the total revenue for Spray Net in 2022?
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 total revenue for the company in 2022 was $1,567,875. This figure represents the sum of various revenue streams, including franchise revenues, training revenues, royalties, local and digital marketing revenues, and other sources.
Breaking down the revenue components, Spray Net generated $298,042 from franchise revenues, $320,000 from training revenues, and $260,661 from royalties. Additionally, the company earned $551,057 from local and digital marketing revenues, and $138,115 from other sources. These figures provide insight into the different ways Spray Net generates income, with local and digital marketing revenues contributing a significant portion of the total.
For a prospective franchisee, understanding these revenue streams is crucial. It highlights the importance of marketing efforts and the potential for income generation through various channels. The franchisee can assess the relative contribution of each revenue stream and strategize accordingly to maximize their earnings. It's also important to note that these figures reflect the company's overall performance and may not directly translate to the revenue of an individual franchise, which would depend on factors like location, market conditions, and the franchisee's operational efficiency.