What were the total expenses for the Casiola Orlando 21 location?

According to Casiola's 2024 Franchise Disclosure Document, Item 19 provides financial performance representations for company-owned outlets, including the Orlando locations. However, the document does not explicitly list the 'total expenses' for the Casiola Orlando 21 location. Instead, it presents select performance data, such as damage waiver fee margins and commission fees, without detailing the comprehensive expenses involved in running the business.

The available data for Orlando 21 includes the Damage Waiver Fee Margin for Individual Unit Rental Property, which was $2,652 in 2022 and $1,887 in 2023. Additionally, the document provides information on aggregate gross rental revenues collected on behalf of customers, the number of individual unit rental properties under management, and various commission fees. These figures offer insights into revenue generation and certain income streams but do not cover the full spectrum of operating costs.

For a prospective franchisee, this lack of explicit expense data means that a thorough investigation into the costs associated with operating a Casiola franchise is necessary. While the FDD offers some financial data, it is crucial to request detailed expense information from the franchisor, including costs related to rent, utilities, salaries, marketing, and other operational expenses. Understanding these costs is essential for accurately assessing the potential profitability and financial viability of a Casiola franchise. A potential franchisee should also inquire about the basis and assumptions used to prepare the financial information provided in Item 19.