What is the net amount of lease liabilities, excluding the current portion, for Alloy?

According to Alloy's 2025 Franchise Disclosure Document, the net amount of lease liabilities, excluding the current portion, is $595,429. This figure represents the present value of Alloy's future lease obligations, after accounting for both the interest and the portion of the liabilities due within the next year (current portion).

For a prospective Alloy franchisee, understanding lease liabilities is crucial because it reflects the long-term financial commitments associated with leasing a facility. The 'current portion' represents the amount of the lease liability that Alloy is obligated to pay within the next 12 months, while the 'net of current portion' represents the remaining lease liability extending beyond the next year.

This information is essential for assessing the overall financial health and stability of Alloy. Potential franchisees should carefully consider these lease obligations when evaluating the financial viability of the franchise opportunity, as these liabilities will impact their ongoing operational costs and profitability.