What was the average expenditure on food and kitchen supplies for Creative World School franchises?
Creative_World_School Franchise · 2025 FDDAnswer from 2025 FDD Document
ployees based on time of service.
The high and low annual Grant income for this category was $691,235 and $223,000, respectively. There were 2, or 50%, of the 4 Company-Owned Schools that attained or surpassed the average grant income in 2023.
FRANCHISED 2023
| Median ($) | Average ($) | % of Avg. Gross Revenues | |
|---|---|---|---|
| Gross Revenues | $2,471,911 | $2,547,290 | 100% |
| Royalties[1] | $173,244 | $175,818 | 7.0% |
| Payroll - Salaries | $1,130,725 | $1,116,417 | 43.8% |
| Payroll Taxes and Other[2] | $116,688 | $116,791 | 4.6% |
| Benefits | $26,067 | $34,620 | 1.4% |
| Food & Kitchen Supplies[3] | $97,072 | $99,442 | 3.9% |
| Educational Expenses[4] | $66,168 | $61,649 | 2.4% |
| Building Expenses[5] | $58,372 | $53,809 | 2.1% |
| Automobile Expenses | $8,713 | $10,975 | 0.4% |
| Advertising | $16,362 | $19,489 | 0.8% |
| Insurance | $73,138 | $64,274 | 2.5% |
| Telephone & Utilities | $37,962 | $44,197 | 1.7% |
| General & Administrative[6] | $37,068 | $41,406 | 1.6% |
| Total Expenses | $1,838,219 | $1,838,885 | 72.2% |
| Net Income Before Interest, | $630,664 | $708,405 | 27.8% |
| Taxes, Depreciation, | |||
| Amortization, and Rent | |||
| (EBITDAR) | |||
| Grant Income | $20,000 | $44,166 | |
| The high and low a |
Source: Item 19 — FINANCIAL PERFORMANCE REPRESENTATIONS (FDD pages 58–75)
What This Means (2025 FDD)
According to Creative World School's 2025 Franchise Disclosure Document, the average expenditure on food and kitchen supplies for certain company-owned and franchised schools in the calendar year 2024 was $99,442. This data is based on 18 schools with 12,000 square feet or larger that operated for a full 12 months as of December 31, 2024, including 5 company-owned and 13 franchised schools.
This figure represents 3.9% of the average gross revenues for these schools, which was $2,547,290. The FDD notes that a combination of factors, such as tuition charged and benefits offered to employees, can affect these amounts and percentages.
Prospective franchisees should consider this figure as an estimate, understanding that actual costs may vary. Creative World School also states that there are other expenses that a franchisee will incur that are not included in this financial performance representation. It is important to review the complete Item 19 in the FDD and discuss these figures with existing franchisees to gain a more comprehensive understanding of potential expenses.