What was the total revenue earned by Corner Bakery Cafe in 2024?
Corner_Bakery_Cafe Franchise · 2025 FDDAnswer from 2025 FDD Document
s For the Reporting Periods ended December 31, 2024 and 2023
6. REVENUE DISAGGREGATION
A summary of disaggregated revenue by type and timing follows:
| 2024 | 2023 | |
|---|---|---|
| Types of revenue stream: | ||
|
||
| 3,194,479 | 1,854,746 | |
|
||
| franchisees | 1,538,326 | 893,409 |
| Other franchise fees, earned when billed | 151,851 | 33,117 |
| Total revenues | $ 4,884,656 | $2,781,272 |
| Timing of revenue rec |
Source: Item 21 — FINANCIAL STATEMENTS (FDD page 55)
What This Means (2025 FDD)
According to Corner Bakery Cafe's 2025 Franchise Disclosure Document, the total revenue for the company in 2024 was $4,884,656. This revenue is comprised of franchise royalty fees, advertising fund fees, and other franchise fees. Franchise royalty fees, net, amounted to $3,194,479, advertising fund fees totaled $1,538,326, and other franchise fees accounted for $151,851.
For a prospective Corner Bakery Cafe franchisee, understanding the revenue streams of the franchisor is crucial. The majority of Corner Bakery Cafe's revenue comes from royalty fees (5% of gross sales) and advertising fees (0.75% of gross revenue), which are directly linked to franchisee sales. This indicates that the franchisor's financial health is closely tied to the success of its franchisees. The 'other franchise fees' are earned when billed and include items such as technology and IT fees, noncompliance fees, and late fees.
It's also important to note that the FDD includes a breakdown of expenses, such as selling, general, and administrative expenses, advertising fund expenses, management fees, and amortization expense. These expenses totaled $4,738,031 in 2024, resulting in a net income of $146,625 for Corner Bakery Cafe. Understanding these figures helps potential franchisees assess the overall financial performance and stability of the franchisor.
Additionally, the FDD provides a geographic breakdown of revenue, which could be useful for prospective franchisees in evaluating regional performance. For example, in 2024, 39.0% of the revenue came from the West region, 4.0% from the Southwest, 12.8% from the Midwest, 37.5% from the South, 4.3% from the Southeast, and 2.4% from the Northeast. This information can help franchisees understand which markets are performing strongest for Corner Bakery Cafe.