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What was the total finance lease expense for Ben Jerrys in 2022?

Ben_Jerrys Franchise · 2025 FDD

Answer from 2025 FDD Document

2023 2022
Finance lease expense
Amortization of right-of-use assets

Source: Item 21 — FINANCIAL STATEMENTS (FDD pages 89–133)

What This Means (2025 FDD)

According to Ben Jerrys's 2025 Franchise Disclosure Document, the total finance lease expense for the year 2022 was $37,000. This expense includes the amortization of right-of-use assets related to finance leases.

For a prospective franchisee, understanding finance lease expenses is crucial as it represents the cost associated with leasing assets, such as equipment or property, where the lease is structured more like a financing arrangement. This means Ben Jerrys is essentially paying for the use of these assets over time, and the $37,000 reflects the portion of the asset's cost allocated to 2022.

It's important to note that this figure only reflects the finance lease expense and doesn't include operating lease expenses or variable lease expenses, which are listed separately. Franchisees should carefully review all lease-related expenses to fully understand their financial obligations. Ben Jerrys also reported operating lease expenses of $84,000 and variable lease expenses of $36,000 in 2022.

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.