What was the year opened for Franchised 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, Franchised Center 1 opened in 2019. This information is part of a larger table presenting financial performance representations for both affiliate-owned and franchised centers within the Casa De Corazon system.
The table provides a snapshot of key operational metrics alongside the opening year. For a prospective franchisee, knowing the opening year of existing centers provides context when evaluating their financial performance. Newer centers may still be ramping up, while older centers may have reached maturity.
Specifically, the table includes data from Affiliate Centers 1, 2, and 3, as well as Franchised Centers 1 and 2. Besides the opening year, the table also shows data points such as full-time student equivalent enrollment, occupancy rate, revenues (including tuition and photography rebates), and a detailed breakdown of direct and other expenses. This comprehensive overview allows potential franchisees to benchmark their own potential performance against existing centers and understand the various cost components involved in running a Casa De Corazon franchise.
Understanding the opening year in relation to other financial metrics can help a prospective franchisee assess the growth trajectory and potential profitability of a Casa De Corazon center. It's important to consider these factors when evaluating the overall financial performance representations provided in the FDD.