factual

What is the total amount of future minimum lease payments related to Anago's operating lease?

Anago Franchise · 2025 FDD

Answer from 2025 FDD Document

The future minimum lease payments related to the operating lease during the years ending December 31 are as follows:

Source: Item 23 — RECEIPTS (FDD pages 62–298)

What This Means (2025 FDD)

According to Anago's 2025 Franchise Disclosure Document, the document refers to future minimum lease payments related to the operating lease. However, the specific total amount of these future minimum lease payments is not disclosed in the provided excerpts.

While the FDD excerpts mention an operating lease agreement with monthly payments of $19,384 maturing in April 2028, and that the company accounts for leases in accordance with FASB ASC 842, it does not provide a table or specific figure for the total future minimum lease payments. The excerpts indicate that details regarding these payments are available, but they are not included in the provided documentation.

A prospective Anago franchisee should request clarification from Anago regarding the total amount of future minimum lease payments. This information is essential for assessing the financial obligations associated with the lease and understanding the overall financial health of the company.

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.