What was the total amount spent on Health Insurance for Cinnaholic in January 2025?
Cinnaholic Franchise · 2025 FDDAnswer from 2025 FDD Document
| JAN 2025 | FEB 2025 | MAR 2025 | APR 2025 | TOTAL | |
|---|---|---|---|---|---|
| Expenses | |||||
| Benefits | $0.00 | ||||
| Health Insurance | 8,588.02 | 8,586.23 | 8,586.23 | 8,586.23 | $34,346.71 |
| Life/Dental/Vision Insurance | 611.90 | 642.28 | 627.09 | 627.09 | $2,508.36 |
| Total Benefits | 9,199.92 | 9,228.51 | 9,213.32 | 9,213.32 | $36,855.07 |
Source: Item 21 — FINANCIAL STATEMENTS (FDD page 61)
What This Means (2025 FDD)
According to Cinnaholic's 2025 Franchise Disclosure Document, the company spent $8,588.02 on health insurance in January 2025. This figure is part of the broader category of 'Benefits,' which also includes life, dental, and vision insurance. The total expenditure for all benefits in January 2025 was $9,199.92.
For a prospective Cinnaholic franchisee, understanding these expenses is crucial for financial planning. Health insurance costs can be a significant part of a business's overhead, and this provides insight into Cinnaholic's specific expenses. Note that this figure reflects the franchisor's costs and may not directly translate to the costs a franchisee would incur, as franchisee costs depend on the number of employees and the specific health plans chosen.
It's also worth noting that Cinnaholic's expenses for health insurance remained relatively consistent over the four-month period from January to April 2025, with monthly expenditures hovering around $8,586.23. This consistency could help franchisees project similar costs if they were to offer comparable health benefits to their employees. Reviewing these financial statements helps potential franchisees understand where money is being allocated within the Cinnaholic franchise system.