What was the gross profit for Crave Cookies in 2022?
Crave_Cookies Franchise · 2025 FDDAnswer from 2025 FDD Document
f Operations
Year Ended December 31, 2022 and Period from February 15, 2021 (Inception) through December 31, 2021
| 2022 | 2021 | |
|---|---|---|
| Revenues | 59 | 500000 10 |
| Initial franchise fees | $ 412,792 | $ 10,481 |
| Product sales | 136,327 | ************************************* |
| Royalties | 110,296 | - |
| Marketing fees | 33,128 | |
| Total revenues | 692,543 | 10,481 |
| Cost of Goods Sold | 226,382 | |
| Gross Profit | 466,161 | 10,481 |
| Operating Expenses | ||
| Selling, general and administrative | 545,997 | 24,806 |
| Deprecatio |
Source: Item 21 — FINANCIAL STATEMENTS (FDD page 47)
What This Means (2025 FDD)
According to Crave Cookies' 2025 Franchise Disclosure Document, the company's gross profit for the year 2022 was $466,161. This figure represents the revenue Crave Cookies generated after deducting the cost of goods sold. Gross profit is a key indicator of a company's profitability from its core business activities, before considering operating expenses.
For a prospective Crave Cookies franchisee, understanding the franchisor's gross profit can provide insight into the potential financial health and stability of the franchise system. It demonstrates the franchisor's ability to generate revenue and manage the direct costs associated with their products or services. A higher gross profit margin may suggest a more efficient operation and a stronger potential for profitability at the franchise level.
However, it's important to note that this gross profit figure reflects the franchisor's performance and not necessarily the performance of individual franchise locations. Franchisees should also consider other factors, such as operating expenses and other fees, to determine their potential profitability. Reviewing the complete financial statements and consulting with a financial advisor is recommended to gain a comprehensive understanding of the financial aspects of investing in a Crave Cookies franchise.