What was the value of Chase Auto Finance - REV under Long-term Liabilities for Best Brains?

According to Best Brains' 2025 Franchise Disclosure Document, the value of Chase Auto Finance - REV under Long-term Liabilities was $60,687.75. This figure represents the outstanding balance Best Brains had with Chase Auto Finance - REV as of a specific reporting period, which is likely the end of the fiscal year.

For a prospective franchisee, understanding the liabilities of the franchisor, Best Brains, is crucial. This particular liability, Chase Auto Finance - REV, is part of the total long-term liabilities, which amounted to $818,945.95. Long-term liabilities are obligations that Best Brains owes that are due beyond one year. This provides insight into the financial obligations that Best Brains has undertaken to finance its operations.

It is important to note that this is just one component of Best Brains' overall financial picture. Franchisees should review the entire financial statement, including assets, liabilities, and equity, to gain a comprehensive understanding of the franchisor's financial health. Additionally, prospective franchisees should compare these figures with previous years to identify any trends or potential risks. Consulting with a financial advisor is recommended to fully assess the implications of these liabilities.