What was the net value of Ben Jerrys' fixed assets in 2022?
Ben_Jerrys Franchise · 2025 FDDAnswer from 2025 FDD Document
| BEN & JERRY'S FRANCHISING, INC. AND SUBSIDIARY | ||
|---|---|---|
| Consolidated Balance Sheets | ||
| (In Thousands) | ||
| 2023 | 2022 | |
| Assets | ||
| Current assets | ||
| Cash | $ 1,386 | $ 1,308 |
| Accounts receivable, allowance for credit losses of $45 | 375 | 321 |
| and $105 at December 31, 2023 and 2022, respectively | ||
| Due from parent, net | 23,241 | 18,415 |
| Inventories | 219 | 182 |
| Prepaid expenses and other current assets | 416 | 289 |
| Total current assets | 25,637 | 20,515 |
| Deposits | - | 4 |
| Deferred tax assets | 276 | 500 |
| Fixed assets, net | 546 | 688 |
| Right of use asset, operating | 346 | 423 |
| Right of use asset, financing | - | 36 |
| Intangible assets, net | 705 | 705 |
| Total assets | $ 27,510 | $ 22,871 |
Source: Item 21 — FINANCIAL STATEMENTS (FDD pages 89–133)
What This Means (2025 FDD)
According to Ben Jerrys's 2025 Franchise Disclosure Document, the net value of their fixed assets in 2022 was $688,000. This figure represents the depreciated value of Ben Jerrys's property, plant, and equipment, which are essential for business operations. These assets can include items such as equipment, buildings, and leasehold improvements.
For a prospective franchisee, understanding the net value of fixed assets can provide insights into the company's investments in its infrastructure. A higher net value might indicate substantial investments in long-term assets, while a lower value could suggest older or fewer assets. It is important to note that these values are reported in thousands, so the actual value is significantly higher than the number presented.
It's also worth noting that these figures are from the consolidated balance sheets, reflecting the financial position of Ben & Jerry's Franchising, Inc. and its subsidiary. Franchisees should consider this information in conjunction with other financial metrics and disclosures in the FDD to gain a comprehensive understanding of the company's financial health and stability.