What is the total amount of franchise and other fees that The Standardx collected from management and franchising?
The_Standardx Franchise · 2025 FDDAnswer from 2025 FDD Document
648 | | | Intersegment revenues | $ | 49 | $ | 23 | $ | — | $ | 72 | | | | |
Year Ended December 31, 2023
| Management and franchising | Owned and leased | Distribution | Segment Total | Eliminations | Total | ||
|---|---|---|---|---|---|---|---|
| Base management fees | $ 414 | $ — | $ — | $ | 414 | $ (40) $ | 374 |
| Incentive management fees | 248 | — | — | 248 | (16) | 232 | |
| Franchise and other fees | 371 | — | — | 371 | (7) | 364 | |
| Gross fees | 1,033 | — | — | 1,033 | (63) | 970 | |
| Rooms and packages | — | 874 | — | 874 | (29) | 845 | |
| Food and beverage | — | 333 | — | 333 | — | 333 | |
| Other | — | 161 | — | 161 | — | 161 | |
| Owned and leased | — | 1,368 | — | 1,368 | (29) | 1,339 | |
| Distribution | — | — | 1,047 |
Source: Item 10 — OTHER ASSETS (FDD pages 132–156)
What This Means (2025 FDD)
According to The Standardx's 2025 Franchise Disclosure Document, the franchise and other fees collected from management and franchising for the years ending December 31, 2023, and 2024 are detailed in Item 10. In 2023, The Standardx collected $371 in franchise and other fees. For the year 2024, the amount collected increased to $465. These fees are part of the total revenues that The Standardx generates from its management and franchising segment.
These figures represent the gross franchise and other fees before eliminations. Eliminations typically refer to adjustments made during financial consolidation to avoid double-counting revenues or expenses within the parent company and its subsidiaries. After eliminations, the franchise and other fees were $364 in 2023 and $458 in 2024. These eliminations are important to consider as they provide a more accurate view of the actual revenue received by The Standardx from outside its internal segments.
For a prospective franchisee, understanding these revenue streams is crucial. It provides insight into how The Standardx generates income from its franchise operations. The consistent collection of these fees indicates the ongoing financial activity and health of the franchise system. Reviewing these figures over multiple years, as presented in the FDD, can help potential franchisees assess the stability and growth trajectory of The Standardx's franchise business model.