factual

What were the total assets for Americas Best Value Inn as of December 31, 2023?

Americas_Best_Value_Inn Franchise · 2025 FDD

Answer from 2025 FDD Document

ers that we identified during the audit.

March 24, 2025

RED LION HOTELS CORPORATION CONSOLIDATED BALANCE SHEETS

(amounts in thousands, except share data)

December 31,
2024 2023
ASSETS
Current assets:
Cash and cash equivalents $ 13,316 $ 37,753
Accounts receivable, net 9,258 7,259
Notes receivable, net 40 42
Prepaid expenses and other current assets 4,592 3,441
Total current assets 27,206 48,495
Property and equipment, net 1,178 816
Intangible assets, net 20,884 21,153
Operating lease right of use as

Source: Item 21 — FINANCIAL STATEMENTS (FDD pages 70–71)

What This Means (2025 FDD)

According to Americas Best Value Inn's 2025 Franchise Disclosure Document, the total assets as of December 31, 2023, were $104,599. This figure represents the sum of all current assets, property and equipment, intangible assets, operating lease right of use assets, goodwill, and other long-term assets held by the company. Understanding the composition and valuation of these assets is crucial for assessing the financial health and stability of Americas Best Value Inn.

The current assets, which totaled $48,495 in 2023, include cash and cash equivalents, accounts receivable, notes receivable, and prepaid expenses. These are resources that Americas Best Value Inn expects to convert into cash within one year. Non-current assets include items like property and equipment ($816), intangible assets ($21,153), operating lease right of use assets ($2,131), goodwill ($19,680), and other long-term assets ($12,324). These assets are expected to provide value to the company over a longer period.

For a prospective franchisee, the total asset figure provides insight into the scale of the franchisor's operations and its financial resources. A higher asset base can indicate a more established and stable franchisor, which may be better positioned to support its franchisees. However, it is also important to consider the composition of the assets and how they are being utilized to generate revenue and profits. Reviewing the liabilities alongside the assets provides a more complete picture of the company's financial position.

Disclaimer: This information is extracted from the 2025 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.