What was the reported value of Benjamin Franklin Plumbing's vehicles as of December 31, 2023?

Based on the 2025 Franchise Disclosure Document, the specific value of Benjamin Franklin Plumbing's vehicles as of December 31, 2023, is not disclosed. However, Item 22 discusses leases, mentioning that "The Company leases office and retail space for its corporate employees, retail operations and vehicles." This indicates that vehicle leases are part of the company's financial obligations.

While the FDD mentions vehicle leases, it does not provide a specific valuation for these assets. This is a common practice, as the exact value of leased assets can fluctuate and may not be considered a critical disclosure for potential franchisees. Instead, the FDD focuses on providing an overview of the company's financial obligations and operational structure.

For a prospective Benjamin Franklin Plumbing franchisee, it would be prudent to inquire directly with the franchisor about the typical vehicle leasing arrangements, associated costs, and any potential impact on the franchisee's financial performance. Understanding these details will help in assessing the overall investment and operational expenses associated with the franchise.