What was the year opened for Affiliate Center 1 of Casa De Corazon?
Casa_De_Corazon Franchise · 2025 FDDAnswer from 2025 FDD Document
| 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 | |||||
| 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 | $32,661 | $32,220 | $23,052 | $26,441 | $29,779 |
| Childcare Expenses | |||||
| Child Assessment | $2,759 | $2,966 | $2,580 | $2,120 | $2,025 |
| Tools5 | |||||
| CPR/First Aid | $1,132 | $834 | $657 | $2,085 | $2,229 |
| Training | |||||
| Field Trips and | $13,739 | $14,592 | $7,238 | $24,025 | $13,365 |
| Activities | |||||
| 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 | $19,010 | $22,346 | $12,660 | $13,603 | $13,825 |
| Supplies | |||||
| 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, | $17,693 | $16,982 | $6,084 | $7,518 | $830 |
| Software & Website | |||||
| Human Resources9 | $1,000 | $1,000 | $1,000 | $0 | $0 |
| Insurance | $34,556 | $34,556 | $50,068 | $35,306 | $29,543 |
| Legal & | $5,839 | $5,839 | $5,839 | $14,526 | $9,423 |
| Professional10 | |||||
| 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 |
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 1 opened in 2010. This information is part of a larger table presenting financial performance representations for both affiliate-owned and franchised centers. The table provides a snapshot of key operational metrics alongside financial data.
Specifically, the table includes the 'Year Opened' for Affiliate Center 1, along with data for Affiliate Centers 2 and 3, as well as Franchised Centers 1 and 2. This allows prospective franchisees to see the age of established centers and potentially correlate that with their financial performance. Other metrics included in the table are 'Full-Time Student Equivalent Enrollment,' 'Occupancy Rate,' and various revenue and expense categories.
The inclusion of the opening year for each center provides context for the financial data presented. A franchisee might infer that centers open for a longer period may have had more time to establish themselves in the market and build a customer base. However, the FDD also mentions that it takes 2-3 years for a Casa de Corazon center to reach maturity, meaning it takes 2-3 years for its expenses to normalize.
Overall, this data point is useful for a potential Casa De Corazon franchisee as it offers a glimpse into the operational history of existing centers. By comparing the opening year with the financial performance, a franchisee can gain a better understanding of the time it may take to establish a successful Casa De Corazon franchise.