What was the operating lease income for Cinnabon for the fiscal year ended December 29, 2024?

According to Cinnabon's 2025 Franchise Disclosure Document, the operating lease income for the fiscal year ended December 29, 2024, was $6,469. This represents income Cinnabon receives from leasing out assets, primarily satellite Small Business Restaurants (SBRs), to some of its franchisees under month-to-month operating lease agreements. This income contributes to Cinnabon's overall financial performance.

For a prospective franchisee, understanding Cinnabon's operating lease income provides insight into the company's revenue streams beyond traditional franchise fees and product sales. It indicates that Cinnabon actively manages a portfolio of leased properties, which could be a factor in the company's real estate strategy and support for franchisees. The decrease in operating lease income from $9,240 in 2023 to $6,469 in 2024 could signal changes in Cinnabon's leasing activities or the number of SBRs it leases out.

It's important for potential franchisees to consider how Cinnabon's leasing practices might affect their own opportunities. For example, new franchisees might have the option to lease an SBR from Cinnabon, or they may be required to secure their own location. Understanding the terms and conditions of these leases, as well as the factors that influence Cinnabon's leasing decisions, can help franchisees make informed choices about their investment and business operations. Further due diligence into Cinnabon's real estate strategy and leasing agreements is advisable for prospective franchisees.