What were the operating lease cash flows for Atwell Suites in 2022?
Atwell_Suites Franchise · 2025 FDDAnswer from 2025 FDD Document
| 2025 | $ 21,120 |
|---|---|
| 2026 | 21,120 |
| 2027 | 21,120 |
| 2028 | 21,120 |
| 2029 | 21,120 |
| Thereafter | 3,085,728 |
| Net minimum lease payments | 3,191,328 |
| Less amount representing interest | (2,930,124) |
| Present value of net minimum l |
Source: Item 23 — Receipts (FDD pages 99–486)
What This Means (2025 FDD)
According to Atwell Suites' 2025 Franchise Disclosure Document, the operating lease cash flows for the year 2022 were $18,186. This figure reflects the cash flow related to operating leases, providing insight into the brand's financial activities concerning leased properties or equipment during that period. Note that the amounts are not specified to be in thousands.
For a prospective franchisee, understanding these cash flows is crucial as it indicates the financial obligations Atwell Suites has concerning its leases. While this is system-wide data and not specific to individual franchise locations, it can be used as a benchmark for understanding potential lease-related expenses. Franchisees should consider that their own operating lease expenses will depend on the specific terms of their property lease, which they negotiate independently.
It's important to note that this figure represents cash flows, not necessarily the total lease expense, which can include non-cash items like amortization. Reviewing the complete financial statements and notes, including those related to leases, would provide a more comprehensive understanding of Atwell Suites' lease obligations and how they might impact a franchisee's business. Franchisees should consult with a financial advisor to fully understand the implications of these figures.