What was the reported value of routes held for sale by Aunt Millies Bakeries in 2024?
Aunt_Millies_Bakeries Franchise · 2025 FDDAnswer from 2025 FDD Document
es, Inc.'s ability to continue as a going concern for a reasonable period of time.
We are required to communicate with those charged with governance regarding, among other matters, the planned scope and timing of the audit, significant audit findings, and certain internal control—related matters that we identified durin
Source: Item 23 — RECEIPT (FDD pages 44–196)
What This Means (2025 FDD)
According to Aunt Millies Bakeries' 2025 Franchise Disclosure Document, the reported value of routes held for sale in 2024 was $1,096,406. This figure is part of the company's assets and provides insight into the value of distribution routes that Aunt Millies Bakeries intended to sell during that year.
For a prospective franchisee, this number could indicate the potential market for existing routes if they are looking to expand their operations by acquiring additional territories. It also reflects the company's strategy regarding route ownership and distribution. A higher value might suggest a more active market for routes, while a lower value could indicate fewer routes being offered for sale or a change in the company's approach to route management.
It's important to note that this value represents the company's internal accounting of these assets. The actual selling price of these routes could vary based on market conditions, the specific characteristics of the routes, and negotiation between the parties involved. Therefore, while this figure provides a general indication, further due diligence is necessary to assess the real-world value and potential opportunities for franchisees.