What was the total current state income tax expense for Benjamin Franklin Plumbing in 2022?
Benjamin_Franklin_Plumbing Franchise · 2025 FDDAnswer from 2025 FDD Document
f loss on sale of retail on the consolidated statements of comprehensive loss. The net assets derecognized primarily related to goodwill and property and equipment.
11. Accrued and Other Liabilities
Accrued and other liabilities consist
Source: Item 22 — CONTRACTS (FDD pages 87–88)
What This Means (2025 FDD)
According to Benjamin Franklin Plumbing's 2025 Franchise Disclosure Document, the total current state income tax expense for the company in 2022 was $488.
This figure represents the amount of state income taxes that Benjamin Franklin Plumbing expects to pay within the current year. It is an expense that reduces the company's net income.
For a prospective franchisee, understanding the franchisor's tax obligations can provide insight into the overall financial health and stability of the company. While this specific figure may not directly impact the franchisee's day-to-day operations, it contributes to the broader financial picture that is important for assessing the long-term viability of the franchise system.