table_specific

What was the total 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 1

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

What This Means (2024 FDD)

According to Ella Cafe's 2024 Franchise Disclosure Document, the total income for February 2024 was $100,000. This income is categorized under "Services." It's important to note that this financial data is from the period of January 2024 to July 2024. The document also includes a profit and loss statement for the period from January 1, 2024, to June 30, 2024.

Prospective franchisees should pay close attention to these figures as they provide insight into the potential revenue generation of an Ella Cafe franchise. However, it is crucial to consider that these are unaudited financial statements. The FDD explicitly advises that these financial statements have been prepared without an audit and that no independent certified public accountant has audited these figures or expressed an opinion regarding their content or form.

Given that the financial statements are unaudited, prospective franchisees should conduct their own due diligence and possibly consult with a financial advisor to verify the accuracy and reliability of the provided data. Understanding the revenue streams and associated costs is essential for making an informed investment decision. It is also important to compare these figures with industry benchmarks and the performance of other Ella Cafe franchises, if available, to assess the potential for success.

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.