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What was the total amount Cinnaholic spent on payroll expenses in January 2025?

Cinnaholic Franchise · 2025 FDD

Answer from 2025 FDD Document

JAN 2025 FEB 2025 MAR 2025 APR 2025 TOTAL
Bonus 1,500.00 1,300.00 2,000.00 $4,800.00
Payroll Expenses $0.00
Gusto 649.84 649.84 649.84 649.84 $2,599.36
Reimbursements 13,427.18 13,427.18 13,427.18 13,377.18 $53,658.72
Taxes 5,778.82 5,231.48 4,677.60 4,212.74 $19,900.64
Wages 71,101.08 71,090.66 71,008.79 66,323.98 $279,524.51
Total Payroll Expenses 90,956.92 90,399.16 89,763.41 84,563.74 $355,683.23

Source: Item 21 — FINANCIAL STATEMENTS (FDD page 61)

What This Means (2025 FDD)

According to Cinnaholic's 2025 Franchise Disclosure Document, the total payroll expenses for January 2025 were $90,956.92. This figure provides insight into the brand's operational costs during that period. Payroll expenses are a significant component of a business's financial health, reflecting the costs associated with compensating employees.

For a prospective Cinnaholic franchisee, understanding these expenses is crucial for financial planning and forecasting. It is important to note that this figure may include wages, taxes, bonuses, and other related payroll costs. Reviewing these expenses over several months, as presented in the document, can offer a more comprehensive understanding of the brand's payroll trends.

It is also important to consider that these expenses are specific to the franchisor's operations and may not directly reflect the payroll expenses a franchisee will incur. Factors such as location, staffing levels, and local wage rates can significantly impact a franchisee's payroll costs. Therefore, while this information provides a benchmark, prospective franchisees should conduct their own due diligence to estimate their specific payroll expenses.

Disclaimer: This information is extracted from the 2025 Franchise Disclosure Document and is provided for research purposes only. It does not constitute legal or financial advice. Consult with a franchise attorney before making any investment decisions.