What was the current-period change reported for Aunt Millies Bakeries as of October 1, 2021?
Aunt_Millies_Bakeries Franchise · 2025 FDDAnswer from 2025 FDD Document
ver the life of the corresponding lease.
The lease is an operating lease and is included in the adoption of ASC 842 (Note 6). The balance of the deferred gain was approximately $2,604,000 and $2,851,000 at September 30, 2023 and 2022, respectively, which is recorded in accrued expenses (short term) and other liabilities
Source: Item 23 — RECEIPT (FDD pages 44–196)
What This Means (2025 FDD)
According to Aunt Millies Bakeries' 2025 Franchise Disclosure Document, the current-period change as of October 1, 2021, is detailed in a table. The specific figures provided include a value of 307,182 in one column, a value of (458,749) in another, and a value of (151,567) in a third column.
These figures represent changes in specific financial metrics over a certain period, ending on October 1, 2021. It is important to note that the table does not specify the units for these figures, so it is not clear if these numbers are in dollars, thousands of dollars, or some other unit.
A prospective Aunt Millies Bakeries franchisee should clarify with the franchisor what these columns represent and the units of measurement to understand the financial performance and changes during that period. Understanding these changes is crucial for assessing the financial health and potential profitability of an Aunt Millies Bakeries franchise.