What were the subcontractor expenses for Ella Cafe in February 2024?

According to Ella Cafe's 2024 Franchise Disclosure Document, the subcontractor expenses for February 2024 were $10,000. This figure is part of the Franchise Account Profit and Loss statement covering January to July 2024. The statement provides a monthly breakdown of income, cost of goods sold, and expenses.

Specifically, the $10,000 in subcontractor expenses contributed to the total cost of goods sold for February 2024, which also amounted to $10,000. This indicates that subcontractor expenses were the only cost of goods sold for that month. The total income for February 2024 was $100,000, resulting in a gross profit of $90,000 after deducting the cost of goods sold.

It's important to note that these financial statements have not been audited by an independent certified public accountant. Prospective franchisees should be aware of this limitation and consider it when evaluating the financial performance of Ella Cafe. It would be prudent to seek professional financial advice to fully understand the implications of these unaudited figures.