What was the gross profit for Casa De Corazon Affiliate Center 2?
Casa_De_Corazon Franchise · 2025 FDDAnswer from 2025 FDD Document
to omit costs incurred by the affiliateowned Centers that a franchisee would not have incurred, and to add costs that we reasonably expect a franchisee would incur.
| Affiliate Center 1 | Affiliate Center 2 | Affiliate Center 3 | Franchised Center 1 | Franchised Center 2 | |
|---|---|---|---|---|---|
| Year Opened | 2010 | 2014 | 2018 | 2019 | 2020 |
| Full-Time Student | |||||
| Equivalent Enrollment1 | 111 | 142 | 100 | 113 | 121 |
| Occupancy Rate2 | 94% | 76% | 73% | 95% | 96% |
| Revenues | |||||
| Tuition | $2,790,351 | $3,290,121 | $2,343,521 | $2,650,896 | $2,844,360 |
| Photography Rebates | $350 | $567 | $0 | $246 | $333 |
| Total Revenues3,4 | $2,790,701 | $3,290,688 | $2,343,521 | $2,651,142 | $2,844,693 |
| Direct Expenses | |||||
| Educational and | |||||
| Childcare Expenses | $32,661 | $32,220 | $23,052 | $26,441 | $29,779 |
| Child Assessment | $2,759 | $2,966 | $2,580 | $2,120 | $2,025 |
| Tools5 | |||||
| CPR/First Aid | |||||
| Training | $1,132 | $834 | $657 | $2,085 | $2,229 |
| Field Trips and | |||||
| Activities | $13,739 | $14,592 | $7,238 | $24,025 | $13,365 |
| Furniture/Equipment | $9,020 | $10,692 | $1,400 | $348 | $240 |
| Food | $96,327 | $99,446 | $59,092 | $98,398 | $73,315 |
| Hiring/Training6 | $4,973 | $8,335 | $5,922 | $14,792 | $6,425 |
| Janitorial and Kitchen | |||||
| Supplies | $19,010 | $22,346 | $12,660 | $13,603 | $13,825 |
| Licenses & Permits | $852 | $1,055 | $1,960 | $3,422 | $2,545 |
| Staff Payroll, Benefits | $1,506,577 | $1,800,954 | $1,239,037 | $1,173,777 | $1,541,734 |
| and Payroll Taxes7 | |||||
| Payroll Processing | $10,085 | $10,085 | $7,203 | $10,048 | $4,560 |
| Uniforms | $926 | $1,422 | $1,253 | $3,176 | $2,513 |
| Total Direct Expenses | $1,698,061 | $2,004,947 | $1,362,054 | $1,372,236 | 1,692,555 |
| Gross Profit | $1,092,640 | $1,285,742 | $981,467 | $1,278,906 | 1,152,138 |
| Other Expenses | |||||
| Accounting8 | $12,000 | $12,000 | $12,000 | $12,128 | $520 |
| Computer, IT, | |||||
| Software & Website | $17,693 | $16,982 | $6,084 | $7,518 | $830 |
| Human Resources9 | $1,000 | $1,000 | $1,000 | $0 | $0 |
| Insurance | $34,556 | $34,556 | $50,068 | $35,306 | $29,543 |
| Legal & | |||||
| Professional10 | $5,839 | $5,839 | $5,839 | $14,526 | $9,423 |
| Brand Fund | $55,814 | $65,814 | $46,870 | $53,023 | $56,894 |
| Contribution11 | |||||
| Marketing & | $13,265 | $13,711 | $11,544 | $12,459 | $10,000 |
| Advertising12 |
| Affiliate Center 1 | Affiliate Center 2 | Affiliate Center 3 | Franchised Center 1 | Franchised Center 2 | |
|---|---|---|---|---|---|
| Year Opened | 2010 | 2014 | 2018 | 2019 | 2020 |
| Full-Time Student | 111 | 142 | 100 | 113 | 121 |
| Equivalent Enrollment1 | |||||
Source: Item 19 — FINANCIAL PERFORMANCE REPRESENTATIONS (FDD pages 43–48)
What This Means (2025 FDD)
According to Casa De Corazon's 2025 Franchise Disclosure Document, Affiliate Center 2 had a gross profit of $1,285,742 for the year 2024. This figure is derived from the center's total revenues of $3,290,688 less total direct expenses of $2,004,947.
Gross profit represents the revenue remaining after deducting the direct costs associated with providing Casa De Corazon's services. For a prospective franchisee, this number indicates the amount of revenue available to cover other operating expenses, such as accounting, IT, insurance, legal fees, marketing, and advertising, as well as franchise fees and owner's compensation. A higher gross profit margin suggests more efficient management of direct costs.
It's important to note that this data is based on an affiliate-owned center, and while adjustments have been made to reflect costs a franchisee would likely incur, there may still be differences. Additionally, this figure represents the performance of a specific location and may not be representative of all Casa De Corazon centers. Reviewing the complete Item 19 and speaking with existing franchisees can provide a more comprehensive understanding of potential financial performance.