What were the owner's distributions for Crave Cookies in 2021?
Crave_Cookies Franchise · 2025 FDDAnswer from 2025 FDD Document
embers' Deficit
Year Ended December 31, 2022 and Period from February 15, 2021 (Inception) through December 31, 2021
| Balance, February 15, 2021 | $ | - |
|---|
Source: Item 21 — FINANCIAL STATEMENTS (FDD page 47)
What This Means (2025 FDD)
According to Crave Cookies' 2025 Franchise Disclosure Document, the owner's distributions for 2021 were ($162,876). This figure represents the amount of money distributed to the owners of Crave Cookies Franchising, LLC during the period from February 15, 2021 (inception) to December 31, 2021. This is separate from the net loss, which was ($14,725) for the same period. The balance at the end of 2021 was ($177,601).
For a prospective franchisee, owner's distributions are an important factor to consider. It provides insight into how the franchise is allocating its financial resources. A high distribution rate could indicate profitability, but it could also mean less reinvestment in the business. Conversely, low distributions might suggest financial challenges or a strategy of prioritizing growth over immediate returns to owners.
It's important to note that these figures reflect the performance of Crave Cookies Franchising, LLC, the franchisor, and not necessarily the performance of individual franchise locations. A potential franchisee should review the complete financial statements and consult with a financial advisor to fully understand the financial health and practices of Crave Cookies.