What was the median annual Occupancy cost for Cream franchises in the top 25% quartile?

According to Cream's 2025 Franchise Disclosure Document, the median annual occupancy cost for franchises in the top 25% quartile was $130,062. Occupancy costs, as defined in the FDD, include rent, utilities, property insurance, and common area maintenance for the real property. This figure represents the midpoint of occupancy costs for the highest-performing 25% of Cream locations analyzed in Item 19. It also indicates that 62% of the Item 19 Shops in the top 25% quartile had annual occupancy costs equal to or lower than the average annual occupancy.

For a prospective Cream franchisee, this information is useful for estimating potential operating expenses. Understanding the occupancy costs associated with top-performing locations can help in evaluating potential sites and negotiating lease terms. It's important to note that actual occupancy costs can vary significantly based on location, lease agreements, and utility usage. Therefore, franchisees should conduct thorough due diligence and consult with real estate professionals to accurately assess these costs for their specific location.

It is also important to consider that the median annual occupancy cost of $130,062 represents only one component of the total operating expenses. Other significant costs, such as direct labor, supplies, and other operating expenses, should also be carefully evaluated to develop a comprehensive financial projection. By analyzing the financial performance of existing Cream franchises, prospective franchisees can gain valuable insights into the potential profitability and financial viability of their own Cream franchise.