What was the reported value of Furniture, fixtures, and equipment for Beef O Bradys in 2023?
Beef_O_Bradys Franchise · 2025 FDDAnswer from 2025 FDD Document
| 2024 | 2023 | ||
|---|---|---|---|
| Computers | $ 1 ,419,328 | $ 1,413,977 | |
| Furniture, fixtures and equipment | 7,443,974 | 6,957,111 | |
| Leasehold improvements | 1 1,168,574 | 11,216,267 | |
| 2 0,031,876 | 19,587,355 | ||
| Accumulated depreciation | ( 12,514,468) | (11,944,521) | |
| Total property and equipment, net | $ 7 ,517,408 | $ 7,642,834 |
Source: Item 23 — RECEIPTS. (FDD pages 66–330)
What This Means (2025 FDD)
According to Beef O Bradys's 2025 Franchise Disclosure Document, the reported value of furniture, fixtures, and equipment in 2023 was $6,957,111. This figure reflects the company's investment in these assets, which are essential for operating its restaurants. Prospective franchisees should consider this when evaluating the financial health and capital expenditure requirements of the Beef O Bradys franchise system. These assets are subject to depreciation, which is also listed in the table.
This number is part of the total property and equipment, which also includes computers and leasehold improvements. The total property and equipment before accumulated depreciation was $19,587,355 in 2023. After accumulated depreciation was accounted for, the total property and equipment, net, was $7,642,834.
Understanding the value of these assets can help potential franchisees assess the overall financial stability and investment in infrastructure by Beef O Bradys. Reviewing these figures over multiple years, as presented in the table, provides insight into the company's capital expenditure trends and asset management strategies. This information is crucial for making informed decisions about investing in a Beef O Bradys franchise.