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What was the net value of Bath Tune Up's computer software as of December 31, 2024?

Bath_Tune_Up Franchise · 2025 FDD

Answer from 2025 FDD Document

allowance for credit losses | $ 647,632 |

4. PROPERTY AND EQUIPMENT, NET

Property and equipment, net consists of the following for th

Source: Item 21 — FINANCIAL STATEMENTS (FDD pages 51–52)

What This Means (2025 FDD)

According to Bath Tune Up's 2025 Franchise Disclosure Document, the company's computer software had a value of $1,017,935 as of December 31, 2024. This figure represents the cost of the software before accounting for any depreciation.

For a prospective Bath Tune Up franchisee, this indicates the financial investment the company has made in its software assets. Computer software is an important asset, as noted in the FDD, and is depreciated over a 3-5 year period.

It's important to note that this value does not reflect the net value after accumulated depreciation, which would provide a more accurate picture of the software's current worth. Franchisees may want to inquire about the functionality and planned upgrades to the software to understand its value and longevity.

Disclaimer: This information is extracted from the 2025 Franchise Disclosure Document and is provided for research purposes only. It does not constitute legal or financial advice. Consult with a franchise attorney before making any investment decisions.
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