What was the total amount spent on wages for a Cinnaholic franchise during the period of January to 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 | |
|---|---|---|---|---|---|
| Income | |||||
| Franchise fees | 40,000.00 | $40,000.00 | |||
| Franchise Royalties | 91,794.23 | 83,412.94 | 128,990.86 | 158,577.03 | $462,775.06 |
| Franchise Transfer | 20,000.00 | 20,000.00 | $40,000.00 | ||
| Marketing Fund Income | 38,894.11 | 35,457.34 | 39,565.34 | $113,916.79 | |
| Total Income | $170,688.34 | $138,870.28 | $148,990.86 | $198,142.37 | $656,691.85 |
| GROSS PROFIT | $170,688.34 | $138,870.28 | $148,990.86 | $198,142.37 | $656,691.85 |
| Expenses | |||||
| 0 - Ask My Accountant | 1,191.75 | $1,191.75 | |||
| Advertising | 82.15 | 500.00 | $582.15 | ||
| .Corporate Funded Advertising Expenses | 17,711.00 | 6,140.00 | 26,737.62 | 29,622.00 | $80,210.62 |
| Creative Elements | 1,500.00 | $1,500.00 | |||
| Publication Ads | 390.95 | 390.95 | 1,890.95 | 390.95 | $3,063.80 |
| Social Media | $0.00 | ||||
| 5,220.47 | 13,072.43 | 6,660.10 | 11,213.65 | $36,166.65 | |
| Google Advertising | 5,124.93 | 2,709.71 | 3,232.04 | 3,730.61 | $14,797.29 |
| Total Social Media | 10,345.40 | 15,782.14 | 9,892.14 | 14, 44.26 | $50,963.94 |
| Website | 3.00 | 26.74 | 3.00 | 3.00 | $35.74 |
| Total Advertising | 28,532.50 | 24,339.83 | 38,523.71 | ,960.21 | $136,356.25 |
| Annual Audit | 4,632.00 | 4,500.00 | $9,132.00 | ||
| 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 |
| Building Expenses | $0.00 | ||||
| Internet & Phones | 449.78 | 476.91 | 476.91 | 476.91 | $1,880.51 |
| Pest Control | 40.00 | 40.00 | 40.00 | 40.00 | $160.00 |
| Rent | 2,839.44 | 2,839.44 | 2,839.44 | 3,010.00 | $11,528.32 |
| Total Building Expenses | 3,329.22 | 3,356.35 | 3,356.35 | 3,526.91 | $13,568.83 |
| Commissions & fees | 8,000.00 | 2,000.00 | $10,000.00 | ||
| Income Taxes | 2,814.94 | $2,814.94 | |||
| Office Expenses | $0.00 | ||||
| Dues & Subscriptions | 60.00 | $60.00 | |||
| Fees & Interest | $0.00 | ||||
| Bank Charges | 333.50 | 319.75 | 338.34 | 343.50 | $1,335.09 |
| Total Fees & Interest | 333.50 | 319.75 | 338.34 | 343.50 | $1,335.09 |
| Insurance | $0. |
Source: Item 21 — FINANCIAL STATEMENTS (FDD page 61)
What This Means (2025 FDD)
I am unable to provide the exact total amount spent on wages for a Cinnaholic franchise during the period of January to April 2025, as the provided financial statements do not include a specific line item for 'wages'. However, the 2025 FDD does include a profit and loss statement that lists various income and expense categories for January through April 2025.
Expenses that are listed include advertising, corporate funded advertising expenses, creative elements, publication ads, social media, website, annual audit, benefits, health insurance, life/dental/vision insurance, building expenses, internet & phones, pest control, rent, commissions & fees, income taxes, office expenses, dues & subscriptions, fees & interest, bank charges, insurance, liability insurance, and workman's compensation insurance.
A prospective Cinnaholic franchisee should inquire directly with the franchisor to obtain detailed information on typical wage expenses, staffing levels, and other operating costs associated with running a franchise. This information is crucial for developing an accurate financial projection and assessing the potential profitability of a Cinnaholic franchise.