What was the income before provision for income taxes for Crepe De Licious?
Crepe_De_Licious Franchise · 2025 FDDAnswer from 2025 FDD Document
| Loss on disposal of property and equipment | (1,879) | - |
|---|---|---|
| Income before provision for income taxes | 68,407 | 131,648 |
Source: Item 23 — RECEIPTS (FDD pages 57–233)
What This Means (2025 FDD)
According to Crepe De Licious's 2025 Franchise Disclosure Document, the income before provision for income taxes was $68,407 in 2023 and $131,648 in 2024. This figure represents the company's earnings before accounting for income taxes, providing a view of the company's operational profitability.
For a prospective franchisee, this information is useful in assessing the financial health and profitability trends of Crepe De Licious. A higher income before provision for income taxes generally indicates stronger financial performance. The increase from $68,407 in 2023 to $131,648 in 2024 suggests a positive growth trajectory for the company.
However, it is important to note that this figure does not reflect the final net income, as it does not account for income taxes. Franchisees should consider this information in conjunction with other financial data, such as net income and retained earnings, to gain a comprehensive understanding of the company's financial performance. Additionally, it is advisable to compare these figures with industry benchmarks and the performance of other franchise systems to evaluate the relative strength of Crepe De Licious.