What was the 'Hiring/Training' expense for Casa De Corazon's Franchised 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 | $1,506,5 |
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, Franchised Center 2 had a 'Hiring/Training' expense of $6,425 for the 12-month period ending December 31, 2024. This figure represents the actual expenses incurred by that specific franchised center for hiring and training purposes during that year.
It is important to note that this amount can vary between centers due to factors such as location, staffing needs, and training programs implemented. For instance, other centers, like Franchised Center 1, had a 'Hiring/Training' expense of $14,792, which is significantly higher than Franchised Center 2. Affiliate Centers 1, 2, and 3 reported expenses of $4,973, $8,335, and $5,922, respectively.
Prospective franchisees should consider these figures as benchmarks and understand that their own 'Hiring/Training' expenses may differ based on their specific circumstances. It would be prudent to discuss these variances with Casa De Corazon to better understand the factors that influence these costs and to develop a realistic budget for their own center.