What was the cost of franchise curriculum for Casa De Corazon in 2023?
Casa_De_Corazon Franchise · 2025 FDDAnswer from 2025 FDD Document
current liabilities. The balance due to related party amounted to $0, $160,000, and $0 as of December 31, 2024, 2023, and 2022, respectively. The balance due from related party amounted to $6,400, $0, and $4,199 as of December 31, 2024, 2023, and 2022, respectively.
Management fee and overhead allocation
During the year ended December 31, 2024, 2023, and 2022, the Company was charged a total of $460,841, $325,909, $239,746 by Casa de Corazon, Inc., a related entity under common control, consisting of management fees of $422,097, $325,909, $239,746 for executive oversight, strategic planning, and administrative support. Also, an overhead allocation of $38,744, $0, and $0 for shared services such as accounting, marketing, HR, and IT infrastructure for the years ended December 31, 2024, 2023, and 2022, respectively. Th
Source: Item 23 — RECEIPTS (FDD pages 51–215)
What This Means (2025 FDD)
Based on the 2025 Franchise Disclosure Document, there is no specific mention of a separate cost for franchise curriculum for Casa De Corazon in 2023. However, the document does mention that during the year ended December 31, 2023, Casa Franchising, LLC was charged $325,909 by Casa de Corazon, Inc. for management fees related to executive oversight, strategic planning, and administrative support. Additionally, there was an overhead allocation of $0 for shared services such as accounting, marketing, HR, and IT infrastructure for the year ended December 31, 2023.
These figures represent internal allocations and fees between Casa Franchising, LLC and Casa de Corazon, Inc., and are not directly attributable to curriculum costs for franchisees. The FDD states that these charges were based on internal cost allocation methodologies determined by management and may not necessarily reflect market-based rates.
To understand the specific costs associated with the curriculum, a prospective franchisee should inquire directly with the franchisor about the initial and ongoing costs related to curriculum materials, updates, and training. This will provide a clearer picture of the financial investment required for the educational resources necessary to operate a Casa De Corazon franchise.