What is included in 'Other revenues' for The Standardx?
The_Standardx Franchise · 2025 FDDAnswer from 2025 FDD Document
- • Other revenues—Other revenues include revenues from the sale of promotional awards through our co-branded credit programs as well as the paid membership program prior to the UVC Transaction (see Note 4) and the Destination Residential Management business, which was sold during the year ended December 31, 2023 (see Note 7).
Source: Item 23 — Receipts (FDD pages 85–132)
What This Means (2025 FDD)
According to The Standardx's 2025 Franchise Disclosure Document, 'Other revenues' consist of revenues from the sale of promotional awards through their co-branded credit programs. It also includes revenue from the paid membership program prior to the UVC Transaction, and the Destination Residential Management business, which was sold during the year ended December 31, 2023.
For a prospective franchisee, understanding what constitutes 'Other revenues' can provide insight into the diverse income streams of The Standardx, beyond traditional franchise fees or room rentals. This is particularly important for assessing the overall financial health and stability of the brand. The inclusion of revenues from co-branded credit programs and membership programs suggests that The Standardx actively seeks to diversify its revenue sources, which can be a positive indicator for franchisees.
However, the document also mentions the Destination Residential Management business, which was sold in 2023. This indicates that the composition of 'Other revenues' can change over time as The Standardx adapts its business strategies. A potential franchisee should therefore investigate the current and planned future components of 'Other revenues' to fully understand the revenue mix and its potential impact on the franchise's financial performance. It would be prudent to ask The Standardx about the specific details of these revenue streams and their historical performance to gain a clearer picture of their contribution to the overall revenue.