What was the occupancy rate for Affiliate Center 2 of Casa De Corazon?
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 | |||||
| Ac |
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 an occupancy rate of 76% as of December 31, 2024. This figure represents the percentage of enrolled students relative to the center's total enrollment capacity, which is determined by its childcare license. It is important to note that the occupancy rate for Affiliate Centers 2 was affected due to construction that added additional classrooms during 2024, which increased capacity before the end of the year.
For a prospective franchisee, the occupancy rate is a critical indicator of a center's performance and potential revenue generation. A lower occupancy rate may suggest challenges in attracting and retaining students, while a higher rate indicates a strong demand for the center's services. However, as noted in the FDD, construction at Affiliate Center 2 temporarily impacted the occupancy rate, so it is important to consider such factors when evaluating the performance of a center.
It is also worth noting that Casa De Corazon calculates the occupancy rate based on full-time student equivalent enrollment, which accounts for students enrolled on both part-time and full-time schedules. This method provides a more accurate representation of the center's utilization compared to simply counting the total number of enrolled children. Prospective franchisees should inquire about the strategies Casa De Corazon employs to maintain and improve occupancy rates, as well as the typical timeframe for a new center to reach optimal occupancy levels.