factual

What is included in the 'other revenues' category for The Standardx?

The_Standardx Franchise · 2025 FDD

Answer 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, the 'other revenues' category includes revenues from the sale of promotional awards through their co-branded credit programs. It also includes revenues from the paid membership program prior to the UVC Transaction. Additionally, it includes the Destination Residential Management business, which was sold during the year ended December 31, 2023.

For a prospective franchisee, understanding what constitutes 'other revenues' is important as it provides a more complete picture of the potential revenue streams for The Standardx. This information can be useful in evaluating the overall financial performance and stability of the franchise system.

It's worth noting that the Destination Residential Management business was sold in 2023, so this revenue stream may no longer be relevant for current or future franchisees. The co-branded credit programs and paid membership programs, however, could still represent ongoing revenue opportunities.

Disclaimer: This information is extracted from the 2025 Franchise Disclosure Document and is provided for research purposes only. It does not constitute legal or financial advice. Consult with a franchise attorney before making any investment decisions.