What was the highest commission fee for an individual unit rental property for Casiola in Orlando 1?
Casiola Franchise · 2024 FDDAnswer from 2024 FDD Document
| Orlando 11 | ||
|---|---|---|
| $941,428 | $678,919 | |
| $256,520 | $244,861 | |
| $1,197,948 | $923,780 | |
| Select Performance Data | ||
| Number of Individual Unit Rental Properties Under | 126 | 125 |
| Management During Calendar Year | ||
| Aggregate Gross Rental Revenues Collected on | $4,877,629 | $3,375,022 |
| Behalf of Customers | ||
| Average Commission Fees per Individual Unit | $7,471.65 | $5,431.35 |
| Rental Property | ||
| Median Commission Fees per Individual Unit Rental | $7,808.26 | $5,123.39 |
| Property | ||
| High Commission Fees for Individual Unit Rental | $26,634.01 | $25,622.45 |
| Property | ||
| Low Commission Fees for Individual Unit Rental | $74.38 | $52.26 |
| Property | ||
| Damage Waiver Fee Margin for Individual Unit | $2,035.87 | $1,958.89 |
| Rental Property | ||
| 1Outlet Information: Orlando 1 operates within an Operating Market that includes the equivalent of one | ||
| Territory with approximately 5,500 potential rentable individual unit vacation properties comprised of the | ||
| following market: Encore Resort, Paradise Palms Resort, Solara Resort, Storey Lake Resort, Windsor at | ||
| Westlake Resort, Windsor Hills Resort, and Windsor Palms Resort. |
Source: Item 19 — FINANCIAL PERFORMANCE REPRESENTATIONS (FDD pages 39–45)
What This Means (2024 FDD)
According to Casiola's 2024 Franchise Disclosure Document, the highest commission fee for an individual unit rental property under management in Orlando 1 was $26,634.01 during the 2022 calendar year and $25,622.45 during the 2023 calendar year.
This figure represents the highest commission earned from a single rental property within the Orlando 1 territory, not an average across all properties. It gives prospective Casiola franchisees an idea of the potential upper range of commissions that can be generated from individual properties within that specific market.
It is important to note that these figures are based on the performance of a company-owned outlet, and the FDD explicitly states, "Some Outlets have earned this amount. Your individual results may differ. There is no assurance that you'll earn as much." This highlights the inherent risk and variability in financial performance, even within the same franchise system and territory. Franchisees should conduct their own due diligence and consider various factors, such as location, market conditions, and management skills, when evaluating the potential for their own Casiola business.