What was the range of short-term leases for 7 Brew for the 2021 %:8:B7:G period?

According to 7 Brew's 2025 Franchise Disclosure Document, the company does not record leases with an initial term of 12 months or less on the balance sheets. Instead, the lease expense for these short-term leases is recognized on a straight-line basis over the lease term.

For a prospective 7 Brew franchisee, this means that any short-term leases they enter into for equipment or space will not be reflected as assets or liabilities on the company's balance sheet. Instead, the cost of these leases will be expensed evenly over the duration of the lease. This can simplify the franchisee's accounting and may reduce the complexity of their financial statements.

While the FDD states the policy regarding short-term leases, it does not provide specific details on the range of costs associated with these leases during the 2021 period. A prospective franchisee should inquire directly with 7 Brew's management to obtain detailed information on typical short-term lease costs and terms, as this information is not available in this document.