What was the balance for affiliate-owned Corner Bakery Cafe locations as of May 9, 2023?

According to Corner Bakery Cafe's 2025 Franchise Disclosure Document, the balance for affiliate-owned locations as of May 9, 2023, was reported in a table summarizing franchisee activity. The table provides a breakdown of financial activity related to both franchised and company-owned stores. The balance for affiliate-owned franchises as of May 9, 2023, was $ -, and the balance for affiliate-owned stores was also $ - on the same date. The total balance for affiliate-owned locations (franchises and stores) was $ - as of May 9, 2023.

It's important to note that May 9, 2023, is identified as the formation date of Best Cafe – Franchises, LLC. This means the reported balance reflects the financial position of affiliate-owned Corner Bakery Cafe locations at the very beginning of the company's operations. The table also details subsequent financial activities, including contributions, selling, general, and administrative expenses, advertising expenses, and management fees, which affected the balance at the end of 2023 and 2024.

Prospective franchisees should pay close attention to these beginning balances and how they evolve over time, as they provide insight into the financial dynamics of affiliate-owned locations. Understanding the initial capital structure and the impact of various expenses and fees is crucial for assessing the financial viability of a Corner Bakery Cafe franchise. Reviewing the complete table and related financial statements will offer a more comprehensive understanding of the financial performance of affiliate-owned locations.