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For all Cream Item 19 Shops, what was the median annual Net Profit?

Cream Franchise · 2025 FDD

Answer from 2025 FDD Document

ad annual Net Profit that met or exceeded the average annual Net Profit and $(33,327) was the median annual Net Profit. Out of all Item 19 Shops, 38 (46%

Source: Item 19 — FINANCIAL PERFORMANCE REPRESENTATIONS (FDD pages 51–57)

What This Means (2025 FDD)

According to Cream's 2025 Franchise Disclosure Document, the median annual Net Profit for all Item 19 Shops was $116,193. This figure is based on data from 83 corporate-owned Jeni's Ice Creams Scoop Shops that operated for the entirety of the 2024 calendar year. The FDD provides a breakdown of financial performance based on quartiles of net profit.

Specifically, this median Net Profit was achieved by the 38 out of 83 shops (46%) that had annual Net Profit that met or exceeded the average annual Net Sales. It's important to note that Net Profit is defined as annual Gross Profit, less Total Operating Expenses and Royalty and Brand Fund Contributions, expressed both as a dollar amount and as a percentage of Gross Profit.

The FDD also emphasizes that individual results may vary, and there is no assurance that a franchisee will earn as much. Prospective franchisees should carefully consider this information, along with all other aspects of the FDD, to make an informed decision. Cream also makes written substantiation for the financial performance representation available to you upon reasonable request.

It is crucial for potential franchisees to understand that the financial performance representation is based solely on corporate-owned shops, as Cream had no franchised outlets operating as of the end of the most recent fiscal year. Therefore, the performance of these corporate-owned shops may not be indicative of the potential performance of a franchised location. A prospective franchisee should inquire about the key differences between the corporate-owned and potential franchised locations to better understand potential profitability.

Disclaimer: This information is extracted from the 2025 Franchise Disclosure Document and is provided for research purposes only. It does not constitute legal or financial advice. Consult with a franchise attorney before making any investment decisions.