What is the average Total Operating Expenses for the top 25% of Cream shops?
Cream Franchise · 2025 FDDAnswer from 2025 FDD Document
had equal or lower Other Costs than the average annual Other Costs and $32,068 was the median annual Other Costs.
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- Total Operating Expenses means the sum of annual Direct Labor, Occupancy, Supplies, Credit Card Fees, Partnership Fees, Repairs and Maintenance, and Other Costs. In the top 25% quartile, 12 Item 19 Shops (57%) had annual Total Operating Expenses equal to
Source: Item 19 — FINANCIAL PERFORMANCE REPRESENTATIONS (FDD pages 51–57)
What This Means (2025 FDD)
According to Cream's 2025 Franchise Disclosure Document, among the top 25% of Cream shops, the median annual Total Operating Expenses was $598,102. The FDD indicates that 57% of these shops (12 out of the 21 Item 19 Shops) had annual Total Operating Expenses equal to or lower than the average annual Total Operating Expenses.
Total Operating Expenses for Cream includes the sum of annual Direct Labor, Occupancy, Supplies, Credit Card Fees, Partnership Fees, Repairs and Maintenance, and Other Costs. Direct Labor consists of wages, compensation, payroll taxes, and employee benefits for shop employees, including one Shopkeeper per location, but excludes payroll admin costs and compensation for corporate employees.
Occupancy costs cover rent, utilities, property insurance, and common area maintenance. Other Costs include meals and travel expenses, shop experience, supplier services and fees, software and technology costs, marketing costs, and charitable donations, but exclude interest, financing costs, depreciation, amortization, and income or other taxes. Understanding these components is crucial for prospective franchisees to accurately project and manage their operating expenses.