What was the net income or loss for Crave in the year represented by the third column?
Crave Franchise · 2025 FDDAnswer from 2025 FDD Document
| Interest income (expense) | - | - | - |
|---|---|---|---|
| Other income | - | - | - |
| Total other income (expense) | - | - | - |
| Net income (loss) | $ (42,358) | $ 502,391 | $ 156,662 |
Source: Item 23 — RECEIPTS (FDD pages 63–253)
What This Means (2025 FDD)
According to Crave's 2025 Franchise Disclosure Document, the net income for the year represented by the third column in the provided table was $156,662. The table presents financial data for Crave, specifically focusing on net income (or loss) across different periods. This figure represents the company's profitability after accounting for all revenues and expenses during that year.
For a prospective franchisee, understanding Crave's historical net income is crucial for assessing the financial health and stability of the franchisor. A positive net income, such as the $156,662 reported for the year in question, generally indicates that the company is operating profitably. This can be a reassuring sign, suggesting that the franchisor has a sustainable business model and is capable of supporting its franchisees.
However, it's important to consider this figure in the context of other financial data and trends. For example, the FDD also shows net incomes of $502,391 and a net loss of $(42,358) for other years. Analyzing these figures collectively can provide a more comprehensive understanding of Crave's financial performance over time. Prospective franchisees should also compare these figures to industry benchmarks and the performance of other franchise systems to gauge the relative strength of the Crave franchise opportunity.
Ultimately, while net income is a valuable metric, prospective franchisees should conduct thorough due diligence, including consulting with financial advisors and legal professionals, to fully assess the risks and rewards associated with investing in a Crave franchise.