What was the reported operating lease income for Cinnabon for the fiscal year ended 2024?
Cinnabon Franchise · 2025 FDDAnswer from 2025 FDD Document
| December 29, | December 31, | |
|---|---|---|
| For the fiscal years ended: | 2024 | 2023 |
| Operating lease income |
Source: Item 23 — Receipts (FDD pages 114–399)
What This Means (2025 FDD)
According to Cinnabon's 2025 Franchise Disclosure Document, the operating lease income for the fiscal year ended December 29, 2024, was $6,469. This figure represents income Cinnabon received from operating leases during that period. In comparison, the operating lease income for the fiscal year ended December 31, 2023, was $9,240.
In addition to operating lease income, Cinnabon also reported variable lease income of $121 for the fiscal year ended December 29, 2024, and $112 for the fiscal year ended December 31, 2023. Franchise and other rental revenues totaled $6,590 for 2024 and $9,352 for 2023. These figures provide a more comprehensive view of Cinnabon's income streams related to leasing and franchising activities.
Prospective franchisees should consider these figures in the context of Cinnabon's overall financial performance. Understanding the different revenue streams, such as operating lease income, variable lease income, and franchise revenues, can help potential franchisees assess the financial stability and potential profitability of the Cinnabon franchise system. It's also important to note the dates for the fiscal years, which ended on December 29, 2024, and December 31, 2023.