table_specific

What is the value in column 3, row 27 of the Golden Krust Caribbean Restaurant financial table?

Golden_Krust_Caribbean_Restaurant Franchise · 2024 FDD

Answer from 2024 FDD Document

sales for
$1,136,017 - $1,567,472 27 $1,353,850 $1,317,512 25% 15 56% sales for

Source: Item 19 — FINANCIAL PERFORMANCE REPRESENTATIONS (FDD pages 29–32)

What This Means (2024 FDD)

According to Golden Krust Caribbean Restaurant's 2024 Franchise Disclosure Document, the value in column 3, row 27 of the financial table is $1,353,850. This figure is part of a table presenting the Gross Revenues of Golden Krust Caribbean Bakery and Grill franchised restaurants. The table is organized into quartiles based on gross sales generated by 106 franchised locations during the 2023 fiscal year.

The specific row containing the $1,353,850 figure represents a range of gross revenues from $1,136,017 to $1,567,472. The $1,353,850 represents the average gross revenue for this quartile. The table also includes additional data points such as $1,317,512, 25%, 15, and 56% sales for, providing a more detailed picture of the financial performance of restaurants within this revenue range.

It is important to note that these figures are based on past performance and may not be indicative of future results. The FDD explicitly states, "Some outlets have sold this amount. Your individual results may differ. There is no assurance you'll sell as much." Prospective franchisees should carefully consider all factors, including their individual circumstances and market conditions, before making any investment decisions. Golden Krust Caribbean Restaurant also advises that the financial performance representations do not reflect the cost of sales, operating expenses, or other costs that must be deducted from gross revenues to obtain net income or profit.

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.