What were the general and administrative expenses for Amorino for the year ended December 31, 2024?
Amorino Franchise · 2025 FDDAnswer from 2025 FDD Document
ENUE, net of current portion | 233,283 | | 97,903 | 104,384 | | MEMBER'S DEFICIT | (206,748) | | (142,465) | (82,942) | | TOTAL LIABILITIES AND MEMBER'S DEFICIT | $ 151,379 | $ | 50,932 | $ 119,940 |
STATEMENTS OF OPERATIONS
CPUSA LLC
(A Wholly-Owned Subsidiary of Amorino USA Corp.)
| Year Ended December 31 | ||||||||
|---|---|---|---|---|---|---|---|---|
| 2024 |
Source: Item 22 — CONTRACTS (FDD pages 80–81)
What This Means (2025 FDD)
According to Amorino's 2025 Franchise Disclosure Document, the general and administrative expenses for the year ended December 31, 2024, were $101,524. The document also notes a loss from operations of $(64,283) for the same period.
It is important to note that these figures reflect the financial performance of CPUSA LLC, a wholly-owned subsidiary of Amorino USA Corp., which is the entity that grants franchises for Amorino gelato stores. These expenses are related to the franchisor's operations and support of the franchise system.
A prospective franchisee should consider these expenses in the context of Amorino's overall financial performance and stability. Understanding the franchisor's financial health is crucial, as it can impact the level of support and resources available to franchisees. Reviewing these figures over multiple years, as presented in the FDD, can provide a more comprehensive understanding of the franchisor's financial trends.