table_specific

What was the net operating income for Ella Cafe in February 2024?

Ella_Cafe Franchise · 2024 FDD

Answer from 2024 FDD Document

362.00 |

Franchise Account Profit and Loss

January 2024 - July 2024

Jan 2024 Feb 2024 Mar 2024 Apr 2024 May 2024 Jun 2024 Jul 2024
Income
Services 100,000.00
Total Income $ 0.00 $100,000.00 $ 0.00 $ 0.00 $ 0.00 $ 0.00 $ 0.00
Cost of Goods Sold
Cost of goods sold
Subcontractor expenses 10,000.00 70,000.00
Total Cost of goods sold $ 0.00 $ 10,000.00 $ 0.00 $ 0.00 $ 70,000.00 $ 0.00 $ 0.00
Total Cost of Goods Sold $ 0.00 $ 10,000.00 $ 0.00 $ 0.00 $ 70,000.00 $ 0.00 $ 0.00
Gross Profit $ 0.00 $ 90,000.00 $ 0.00 $ 0.00 -$ 70,000.00 $ 0.00 $ 0.00
Expenses
70000 Ot

Source: Item 21 — FINANCIAL STATEMENTS (FDD pages 49–50)

What This Means (2024 FDD)

According to Ella Cafe's 2024 Franchise Disclosure Document, the net operating income for February 2024 was $89,945.00. This figure represents the income remaining after deducting the cost of goods sold and other administrative and business expenses from the total income for that month. The total income for February 2024 was $100,000.00, with cost of goods sold totaling $10,000.00, resulting in a gross profit of $90,000.00. Expenses for the month included $40.00 in bank charges and fees and $15.00 in bank fees and service charges, bringing the total expenses to $55.00.

This net operating income provides a snapshot of Ella Cafe's financial performance during that specific month. It's important to note that this is just one month's performance and may not be representative of other months or future performance. For instance, the net operating income for January 2024 was -$15.00, while for March 2024 it was $0.00. These fluctuations highlight the variability in monthly income and expenses.

A prospective franchisee should consider these monthly variations and analyze the factors that contribute to them. Understanding the drivers behind these fluctuations is crucial for developing a sound business plan and financial projections. It would be prudent to inquire about the reasons for the high net operating income in February 2024 and how sustainable that level of performance is.

Disclaimer: This information is extracted from the 2024 Franchise Disclosure Document and is provided for research purposes only. It does not constitute legal or financial advice. Consult with a franchise attorney before making any investment decisions.