Does Casiola have any Franchise Outlets?
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, Casiola does not have any Franchise Outlets. The company does, however, have two Company Owned Outlets within the United States, one servicing the Orlando Central Florida market and the other servicing the Miami, Florida market. There is also a Casiola Business in Aruba, but data related to its operations is not included in Item 19 since it operates outside of the United States.
Instead of providing financial performance representations for franchise outlets, the document includes an analysis of results from the Company Owned Outlet. This analysis is based on historical financial data reported to them by their affiliate and has not been audited. The financial information was also not prepared on a basis consistent with generally accepted accounting principles.
Prospective franchisees should be aware that the financial performance of company-owned outlets may not be indicative of the potential performance of a franchised outlet. Factors such as location, management experience, and local market conditions can significantly impact the financial results of a franchise. It is important for potential franchisees to conduct their own due diligence and seek professional advice before making any investment decisions.