What was the total amount Cinnaholic spent on wages in March 2025?
Cinnaholic Franchise · 2025 FDDAnswer from 2025 FDD Document
| JAN 2025 | FEB 2025 | MAR 2025 | APR 2025 | TOTAL | |
|---|---|---|---|---|---|
| Wages | 71,101.08 | 71,090.66 | 71,008.79 | 66,323.98 | $279,524.51 |
Source: Item 21 — FINANCIAL STATEMENTS (FDD page 61)
What This Means (2025 FDD)
According to Cinnaholic's 2025 Franchise Disclosure Document, the total amount spent on wages in March 2025 was $71,008.79. This figure is part of the broader payroll expenses, which also include items such as bonuses, payroll expenses, reimbursements, and taxes.
For a prospective Cinnaholic franchisee, understanding these wage expenses is crucial for financial planning. It represents a significant portion of the operating costs and directly impacts the profitability of the franchise. Franchisees need to factor in potential fluctuations in wage expenses when forecasting their financial performance.
It's important to note that this figure reflects Cinnaholic Franchising LLC's expenses and may not directly translate to the wage expenses a franchisee will incur. Factors such as location, staffing levels, and local wage laws can significantly influence actual wage costs for individual franchise locations. Therefore, franchisees should conduct thorough market research and consult with financial advisors to estimate their specific wage expenses accurately.