What was the amount of capital expenditures included in accrued liabilities for Benjamin Franklin Plumbing in 2023?
Benjamin_Franklin_Plumbing Franchise · 2025 FDDAnswer from 2025 FDD Document
ted by Monster, management has estimated the fair value of consideration to be received at $0. The Company recognized a loss on sale of $10,276 on the consolidated statements of comprehensive loss during the year ended December 31, 2024. The loss on sale recognized represents the difference between the carrying value and estimated fair value of the net assets sold with Monster business. All net
Source: Item 22 — CONTRACTS (FDD pages 87–88)
What This Means (2025 FDD)
According to Benjamin Franklin Plumbing's 2025 Franchise Disclosure Document, capital expenditures included in accrued liabilities for 2023 were $770.
This figure represents the amount of capital expenditures that Benjamin Franklin Plumbing had incurred but not yet paid as of the end of 2023. These are expenditures on items like property and equipment. Accrued liabilities are short-term debts that a company owes but hasn't yet paid, and this specific item reflects the portion of those unpaid debts related to capital investments.
For a prospective franchisee, this information provides insight into the company's financial management and how it handles its capital investments. It's useful to compare these figures across multiple years to identify trends and assess the company's investment patterns. A significant fluctuation in this number could indicate changes in investment strategy or financial management practices.