What was Spray Net's total revenue per the most recent audited financials?
Spray_Net Franchise · 2025 FDDAnswer from 2025 FDD Document
we received $14,161.24 in rebates from these suppliers based on our franchisee's purchases from them.
In the year ending December 31, 2024, we derived $1,490,118 in revenue from Franchisee required purchases of digital marketing, initial marketing investment, and tech packages, or 52.03% of our total revenue of $2,863,931 per our most recent audited financials. These amounts were, in turn, paid directly to third-party suppliers of digital marketing and technology services. This amount does not include initial franchise fees or training fees.
In the year ending December 31, 2024, SN Distributio
Source: Item 8 — RESTRICTIONS ON SOURCES OF PRODUCTS AND SERVICES (FDD pages 33–36)
What This Means (2025 FDD)
According to Spray Net's 2025 Franchise Disclosure Document, the company's total revenue for the year ending December 31, 2024, was $2,863,931, as stated in their most recent audited financials. This figure is important for prospective franchisees as it provides insight into the overall financial health and scale of the Spray Net franchise system. Understanding the franchisor's revenue can help potential franchisees assess the stability and potential growth of the brand.
Of this revenue, $1,490,118 was derived from franchisee required purchases of digital marketing, initial marketing investment, and tech packages, representing 52.03% of the total revenue. These funds were then paid to third-party suppliers for digital marketing and technology services. It is important to note that this amount does not include initial franchise fees or training fees, indicating that the franchisor's revenue streams are diversified beyond just franchisee purchases.
Additionally, SN Distribution, a subsidiary, generated $1,172,603 in revenue from the sale of paints and supplies to U.S. franchisees during the same period. This demonstrates another significant revenue stream for Spray Net and highlights the importance of supply chain management within the franchise system. Franchisees should consider these figures in relation to their own potential costs and revenue projections to understand the financial dynamics of the franchise model.
In summary, the audited financials reveal that Spray Net has multiple revenue streams, including franchisee purchases of marketing and tech packages, sales of paints and supplies through SN Distribution, and other sources not detailed in this excerpt. A prospective franchisee should investigate further to understand the breakdown of these revenue streams and how they contribute to the overall profitability and sustainability of the Spray Net franchise system.