What is the scheduled maturity for the long-term debt of Aunt Millies Bakeries in 2026?
Aunt_Millies_Bakeries Franchise · 2025 FDDAnswer from 2025 FDD Document
The future maturities of long-term debt are as follows as of September 30:
Source: Item 23 — RECEIPT (FDD pages 44–196)
What This Means (2025 FDD)
Based on the 2025 FDD, Aunt Millies Bakeries provides information on the future maturities of long-term debt as of September 30. However, the specific maturity amounts for long-term debt in 2026 are not detailed in the provided excerpts.
While the FDD includes tables showing long-term debt at September 30, 2024, and 2023, and mentions the future maturities of long-term debt, it does not break down the amounts due in each specific year. Instead, it presents the overall long-term debt outstanding at those dates. The FDD also mentions specific equipment term loans maturing in February 2028 and June 2028.
To determine the scheduled maturity for the long-term debt of Aunt Millies Bakeries in 2026, a prospective franchisee should ask the franchisor for a detailed breakdown of the debt maturity schedule. This information is crucial for understanding the company's financial obligations and assessing the financial stability of the franchise system.