What expenses are included as 'Disclosed Expenses' for a Cordova franchise?

According to Cordova's 2025 Franchise Disclosure Document, 'Disclosed Expenses' are a select group of expenses that include rent, utilities, office supplies, marketing, insurance, technology, and administrative and management labor cost. These expenses are specifically identified and tracked by Cordova.

In 2024, Cordova's company-owned outlet in Omaha, Nebraska, reported the following 'Disclosed Expenses': rent ($26,400), utilities ($9,008), office supplies ($6,000), marketing ($44,488), insurance ($31,104), technology ($52,038), and administrative and management labor cost ($939,556). These figures are provided as examples of the types and amounts of expenses a Cordova business may incur. The FDD notes that these expenses do not encompass all the costs a franchisee might face.

Prospective franchisees should note that the 'Disclosed Expenses' do not represent the complete financial picture of operating a Cordova franchise. Other expenses, such as 'Franchise Related Expenses' (Royalty Fees, Brand Development Fund Fees, Technology Fees, and local marketing expenditures), are accounted for separately. Understanding the distinction between 'Disclosed Expenses' and other operational costs is crucial for accurate financial planning. Franchisees should carefully review Item 19 of the FDD and consult with Cordova to gain a comprehensive understanding of all potential expenses.