What was the 'Current maturities of deferred rebates' amount for Bens Soft Pretzels in 2024?
Bens_Soft_Pretzels Franchise · 2025 FDDAnswer from 2025 FDD Document
$ | 1,629,472 | $ 1,301,147 | |
BEN'S SOFT PRETZELS FRANCHISING CORPORATION BALANCE SHEETS
December 31, 2024, 2023, and 2022
| 2024 | 2023 | 2022 | |
|---|---|---|---|
| LIABILITIES AND | |||
| STOCKHOLDERS' EQUITY | |||
| Current liabilities | |||
| Current |
Source: Item 21 — FINANCIAL STATEMENTS (FDD page 46)
What This Means (2025 FDD)
According to the 2025 FDD, Bens Soft Pretzels had $3,000 in current maturities of deferred rebates in 2024. This liability represents the portion of deferred rebates that Bens Soft Pretzels expects to pay out within the next year.
For a prospective franchisee, this figure indicates a short-term financial obligation of Bens Soft Pretzels. Deferred rebates typically arise from promotional programs or incentives offered to franchisees or customers, where the benefit is earned over time but not yet fully realized or paid out. The current maturities represent the portion of these rebates that are expected to be paid out in the coming year.
It's important to note that this is a relatively small liability compared to other current liabilities such as current maturities of deferred revenue ($112,547) and gift cards payable ($82,465). The presence of deferred rebates suggests that Bens Soft Pretzels uses rebate programs as part of its marketing or franchisee support strategy. A franchisee might want to inquire about the nature of these rebates, who is eligible, and how they are earned to understand the full financial picture.