What was the amount of accrued capital expenditures for Bath Tune Up as of December 31, 2024?

According to Bath Tune Up's 2025 Franchise Disclosure Document, the accrued capital expenditures as of December 31, 2024, were $1,216. In contrast, there were no accrued capital expenditures listed for the previous year, December 31, 2023.

Accrued capital expenditures represent expenses related to long-term assets that Bath Tune Up has incurred but not yet paid for. These are distinct from typical accrued liabilities like accrued cost of sales or compensation. Capital expenditures generally involve investments in items that will benefit the company for more than one accounting period, such as property, equipment, or software.

For a prospective franchisee, this figure provides insight into the timing of Bath Tune Up's capital investments and payment schedules. It suggests that Bath Tune Up had some outstanding payments related to capital assets at the end of 2024. While the amount is relatively small, it's a good example of the kind of detailed financial information included in the FDD to help potential franchisees assess the financial health and practices of the franchisor.