What is included in the EBITDAR calculation for Creative World School franchised schools?
Creative_World_School Franchise · 2025 FDDAnswer from 2025 FDD Document
| | Median ($) | Average ($) | % of Avg. Gross Revenues | |---|---|---|---| | Gross Revenues | $1,716,547 | $1,843,779 | 100% | | | | | | | Royalties[1] | $121,656 | $129,151 | 7.0% | | Payroll - Salaries | $921,186 | $912,529 | 49.5% | | Payroll Taxes and Other[2] | $97,738 | $97,839 | 5.3% | | Benefits | $27,735 | $34,796 | 1.9% | | Food & Kitchen Supplies[3] | $93,392 | $105,964 | 5.7% | | Educational Expenses[4] | $75,054 | $79,148 | 4.3% | | Building Expenses[5] | $43,958 | $39,056 | 2.1% | | Automobile Expenses | $13,157 | $14,946 | 0.8% | | Advertising | $32,644 | $31,902 | 1.7% | | Insurance | $50,746 | $53,203 | 2.9% | | Telephone & Utilities | $47,899 | $52,605 | 2.9% | | General & Administrative[6] | $43,281 | $43,270 | 2.3% | | Total Expenses | $1,579,193 | $1,594,409 | 86.5% | | Net Income Before Interest, Taxes, | $141,557 | $249,370 | 13.5% | | Depreciation, Amortization, and Rent | | | | | (EBITDAR) | | | | | Grant Income | $199,174 | $179,336 | | | | | | | The high and low annual Gross Revenues for this category were $3,486,051 and $1,267,343, respectively. Six, or 46%, of the 13 Franchised Schools attained or surpassed the average Gross Revenues in 2024.
The high and low EBITDAR for these S
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, EBITDAR is defined as Net Income Before Interest, Taxes, Depreciation, Amortization, and Rent. The 2024 high and low EBITDAR for franchised schools was $1,250,870 and $165,332, respectively. In 2024, 38% of the 13 franchised schools with 12,000 SF or larger attained or surpassed the average EBITDAR.
In 2023, the high and low EBITDAR was $1,166,308 and $44,478, respectively. During this year, 38% of the 13 franchised schools 12,000 SF or larger attained or surpassed the average EBITDAR.
For 2022, the high and low EBITDAR for these Schools was $1,231,122 and $239,673, respectively. In 2022, 38% of 13 Franchised Schools 12,000 SF or larger attained or surpassed the average EBITDAR.