What was the total value of Bb.Q Chicken's other assets as of February 28, 2025?
Bb_Q_Chicken Franchise · 2025 FDDAnswer from 2025 FDD Document
| Feb 28, 25 | |
|---|---|
| ASSETS | |
| Other Assets | |
| Intangible Asset | |
| Acc. Amortization - Intangible | -16,970.01 |
| Loan Fee | 2,826.35 |
| Software Development Costs | 193,921.03 |
| Intangible Asset - Other | 25,690.63 |
| Intangible Asset | 205,468.00 |
| ROU Assets - LT | 340,468.80 |
| Security Deposit | 96,619.23 |
| Long Term Assets | 2,000,000.00 |
| Total Other Assets | 2,642,556.03 |
Source: Item 23 — RECEIPTS (FDD pages 62–283)
What This Means (2025 FDD)
According to Bb.Q Chicken's 2025 Franchise Disclosure Document, the total value of the company's other assets as of February 28, 2025, was $2,642,556.03. This figure is derived from the company's balance sheet, which provides a snapshot of its financial position at that specific point in time. These assets are categorized separately from current assets and fixed assets, indicating they represent longer-term investments or resources that are not easily converted to cash within a year.
Specifically, the other assets include intangible assets such as the Intangible Asset, Acc. Amortization - Intangible, Loan Fee, Software Development Costs, Intangible Asset - Other, Intangible Asset, ROU Assets - LT, Security Deposit, and Long Term Assets. These assets are not physical in nature but provide future economic benefits to Bb.Q Chicken. Intangible assets like software development costs and long-term assets contribute to the overall value and operational capabilities of the company.
For a prospective franchisee, understanding the composition and value of these other assets is crucial. It provides insight into the long-term investments Bb.Q Chicken has made in its infrastructure, technology, and brand. A significant value in other assets may indicate a commitment to innovation and long-term growth, which could be a positive sign for franchisees. However, it's also important to assess the nature of these assets and how they contribute to the company's revenue and profitability. Reviewing these figures can help potential franchisees evaluate the financial stability and strategic direction of Bb.Q Chicken.