What was the depreciation expense for Crave Cookies in 2021?

Based on the 2025 Crave Cookies Franchise Disclosure Document, the financial statements include notes on accounting policies, including property and equipment. The FDD states that property and equipment is recorded at cost, and depreciation is calculated using the straight-line method. This method is designed to allocate the cost of depreciable assets over their estimated useful lives, which range from three to five years. However, the specific depreciation expense for 2021 is not disclosed in the provided excerpts.

While the FDD outlines the method Crave Cookies uses to calculate depreciation, it does not provide the actual depreciation expense amount for 2021. This information would typically be found in the income statement or a detailed schedule of property, plant, and equipment. Without this specific figure, prospective franchisees cannot assess the company's actual expenses related to depreciation during that period.

A prospective Crave Cookies franchisee should request the specific depreciation expense for 2021 from the franchisor to gain a clearer understanding of the company's financial performance. Additionally, it would be beneficial to ask for a detailed breakdown of the assets being depreciated and their respective useful lives to better evaluate the reasonableness of the depreciation expense.