What was the median annual Repairs and Maintenance for all Cream Item 19 Shops?
Cream Franchise · 2025 FDDAnswer from 2025 FDD Document
ower Partnership Fees than the average annual Partnership Fees and $14,119 was the median annual Partnership Fees.
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- Repairs and Maintenance means the cost of maintenance and repair of equipment and the premises. In the top 25% quartile, 9 Item 19 Shops (43%) had annual Repairs and Maintenance equal to or lower than the average annual Repairs and Maintenance, and $31,334 was the median annual Repairs and Maintenance. In the upper mid 25% quartile, 14 Item 19 Shops (67%) had annual Repairs and Maintenance equal to or lower than the average annual Repairs and Maintenance and $21,599 was the median annual Repairs and Maintenance. In the lower mid 25% quartile, 13 Item 19 Shops (62%) had annual Repairs and Maintenance equal to or lower than the average annual Repairs and Maintenance and $20,114 was the median annual Repairs and Maintenance. In the bottom 25% quartile, 11 Item 19 Shops (55%) had annual Repairs and Maintenance equal to or lower than the average annual Repairs and Maintenance and $26,235 was the median annual Repairs and Maintenance. Out of all Item 19 Shops, 47 (57%) had equal or lower Repairs an
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 Repairs and Maintenance cost for all Item 19 Shops was $23,479. This figure represents the midpoint of repair and maintenance expenses across all shops included in Item 19, with 57% of these shops having repair and maintenance costs equal to or lower than the average. The FDD defines "Repairs and Maintenance" as the cost of maintaining and repairing equipment and the premises.
It's important to note that this is a median value, meaning half of the Cream locations had expenses above this amount, and half had expenses below. The actual repair and maintenance costs for a specific franchise location can vary significantly based on factors such as the age and condition of equipment, the size and layout of the premises, and the local cost of labor and materials.
Prospective franchisees should consider this figure as a general benchmark when estimating their potential operating expenses. It would be prudent to conduct thorough due diligence, including speaking with existing franchisees, to gain a more detailed understanding of the factors that can influence repair and maintenance costs at Cream locations. Understanding these costs is crucial for accurate financial planning and assessing the overall profitability of a Cream franchise.