What was the total amount spent on 'Ask My Accountant' expenses for Cinnaholic in April 2025?
Cinnaholic Franchise · 2025 FDDAnswer from 2025 FDD Document
eholder Investment - Lullwater Partners | 181,500.00 | | Total Shareholder Equity - Lullwater Partners | 181,500.00 | | Net Income | -15,660.14 | | Total Equity | $ -1,816,594.27 | | TOTAL LIABILITIES AND EQUITY | $2,662,016.16 |
Full Franchise Profit and Loss by Month
January - April, 2025
| | JAN 2025 | FEB 2025 | MAR 2025 | APR 2025 | TOTAL | |------------------------
Source: Item 21 — FINANCIAL STATEMENTS (FDD page 61)
What This Means (2025 FDD)
According to Cinnaholic's 2025 Franchise Disclosure Document, the company spent $1,191.75 on 'Ask My Accountant' expenses in April 2025. This figure is part of a larger table detailing the company's income and expenses for January through April 2025.
For a prospective Cinnaholic franchisee, this indicates that Cinnaholic itself incurs accounting-related expenses. While this specific expense may not be directly passed on to franchisees, it provides insight into the types of overhead costs the franchisor manages. Understanding the franchisor's expenses can help franchisees assess the financial stability and management practices of the company.
It's important to note that this is just one line item in the company's financial statements. A potential franchisee should review the entire document, including all income and expense categories, to gain a comprehensive understanding of Cinnaholic's financial performance. Additionally, it would be prudent to inquire about the nature of the 'Ask My Accountant' expenses to understand what services are being provided and whether similar support is available to franchisees.