On what is the data for the Casiola Company Owned Outlet based?
Casiola Franchise · 2024 FDDAnswer from 2024 FDD Document
ual and distinct unit is counted as an Individual Unit Rental Property.
BASES AND ASSUMPTIONS
The financial information was not prepared on a basis consistent with generally accepted accounting principles. We do not have any Franchise Outlets. Data for our Company Owned Outlet is based on information reported to us by our affiliate. The information in this analysis has not been audited, is based on historical financial data and is not a forecast or projection of future financial performance.
ANALYSIS OF RESULTS OF COMPANY OWNED OUTLET
Within the United States we have two Company Owned Outlets one servicing the Orlando Central Florida market ("Casiola Orlando") and the other servicing the Miami, Florida market ("Casiola Miami"). Outside the United States we also operate a Casiola Business in Aruba ("Casiola Aruba"). Casiola Orlando began operations in 2014 and within this Item 19 we report select financial data based on Casiola Orlando's operations within two Orlando Florida Operating Territories that we refer to below as "Orlando 1," and "Orlando 2".
Source: Item 19 — FINANCIAL PERFORMANCE REPRESENTATIONS (FDD pages 39–45)
What This Means (2024 FDD)
According to Casiola's 2024 Franchise Disclosure Document, the data for the company-owned outlet is based on information reported to Casiola by its affiliate. The financial information provided was not prepared following generally accepted accounting principles. Casiola does not have any Franchise Outlets.
The financial data presented is based on historical information and has not been audited. This data should not be considered a forecast or projection of future financial performance. Casiola operates two company-owned outlets within the United States: one in Orlando, Central Florida ("Casiola Orlando") and another in Miami, Florida ("Casiola Miami").
Casiola Orlando began operations in 2014. The Item 19 data includes select financial information based on Casiola Orlando's operations within two Orlando, Florida Operating Territories, referred to as "Orlando 1" and "Orlando 2". Casiola also operates a business in Aruba ("Casiola Aruba"), but data related to Casiola Aruba is not included because it operates outside the United States. Prospective franchisees should bear in mind that past performance is not indicative of future results.