What is the useful life for computer software as property and equipment for a Bath Tune Up franchise?

According to Bath Tune Up's 2025 Franchise Disclosure Document, the estimated useful life for computer software is between three to five years. This means that Bath Tune Up depreciates the value of its computer software assets over this period for accounting purposes.

For a prospective franchisee, this indicates the period over which Bath Tune Up expects the software to remain functional and valuable. It also affects the company's financial statements, as the cost of the software is spread out over these years rather than being recognized as an immediate expense. This depreciation method is commonly used in the franchise industry to align the expense of an asset with its useful life.

This information is relevant for understanding how Bath Tune Up manages its assets and reports its financial performance. While this is an accounting practice that may not directly impact the day-to-day operations of a franchisee, it provides insight into the company's financial management and long-term planning.