What is the maturity amount of the long-term debt for Bambu that is due in 2025?
Bambu Franchise · 2025 FDDAnswer from 2025 FDD Document
cluding the interest component are as follows:
| 2025 | $ 15,028 |
|---|
NOTE4-NOTESPAYABLE
Notes payable consist of the following at December 31,
| 2024 | 2023 | |
|---|---|---|
| Note payable with a finance company. Face Amount | $ 168,685 | $ |
| $183,258 interest at 19.99% per year, payment in 84 | ||
| installments of $4,068. Collateralized by the assets of the | ||
| Company and the personal guaranty of the managing | ||
| member of the Company. | ||
| Note payable with a bank. Face Amount $179,970, interest | 179,970 | |
| at 8.25% per year, payment in 84 installments of $2,838. | ||
| Collateralized by the assets of the Company and the | ||
| personal guaranty of the managing member of the | ||
| Company. | ||
| Note payable Gap Fund Program Face amount of $75,000, | ||
| interest at 5.75% per year, payment in 36 installments of | ||
| $2,273. Collateralized by the assets of the Company and | ||
| personal guaranty of the | ||
| managing member of the | ||
| Company. | 51 644 | 75,000 |
| 220,329 | 54970 | |
| Less current maturities | (37,715) | (43,293) |
| $ 182,614 | $ 211,677 | |
| The maturities o |
Source: Item 23 — Receipts (FDD pages 52–209)
What This Means (2025 FDD)
According to Bambu's 2025 Franchise Disclosure Document, the maturity amount of the long-term debt due in 2025 is $37,715. This figure represents the portion of Bambu's outstanding long-term debt that is scheduled to be paid off within the year 2025. This information is based on the financial data available as of the end of the year 2024.
For a prospective franchisee, understanding the franchisor's debt obligations can provide insights into the financial stability of Bambu. Knowing the maturity amounts for long-term debt helps assess the company's ability to meet its financial obligations. A significant amount of debt maturing in a short period could indicate potential financial strain, while manageable debt maturities suggest better financial planning and stability.
It's important to note that this figure only reflects the debt obligations of Bambu itself and not the potential debt that a franchisee might incur to start their own Bambu franchise. Franchisees should conduct their own due diligence and consult with financial advisors to understand the full financial picture of the franchise and assess their own ability to manage debt.