What were the capital expenditures for Americas Best Value Inn in 2023 (Restated)?
Americas_Best_Value_Inn Franchise · 2025 FDDAnswer from 2025 FDD Document
| (dollars in thousands) | |||||
|---|---|---|---|---|---|
| 2024 | 2023 (Restated) | 2022 | |||
| Cash flows from investing activities: | |||||
| Capital expenditures | ( 735) | ( 433) | ( 358) |
Source: Item 23 — RECEIPTS (FDD pages 71–223)
What This Means (2025 FDD)
According to the 2025 Franchise Disclosure Document, Americas Best Value Inn had capital expenditures of $(433) thousand in 2023 (Restated). This means that the company spent $433,000 on capital expenditures during that year.
Capital expenditures typically include investments in long-term assets such as property, equipment, and other items used to generate income. For a potential franchisee, this figure provides insight into the financial activities related to investing in the company's resources.
It is important to note that this value is presented in thousands of dollars, and the figure is negative, indicating a net outflow of cash related to capital expenditures. Reviewing these figures over multiple years, as presented in the table, can provide a more comprehensive understanding of the company's investment trends.