What was the depreciation expense for Bft for the year ended December 31, 2023?

According to Bft's 2025 Franchise Disclosure Document, the depreciation expense for the periods ended December 31, 2024 and 2023, was $4,460 and $2,844, respectively. This indicates that Bft's depreciation expense for the year ending December 31, 2023, was $2,844.

Depreciation is an accounting method used to allocate the cost of a tangible asset over its useful life. For a prospective Bft franchisee, understanding depreciation expense is crucial because it impacts the franchisee's profitability and tax obligations. Higher depreciation expenses can reduce taxable income, potentially lowering income tax liabilities. It is important to note that this figure represents depreciation expense at the company level, not necessarily at an individual franchise location.

Franchisees should consult with financial advisors to understand how depreciation works in their specific circumstances and how it may affect their financial performance. Reviewing the notes to Bft's financial statements can provide additional context and details about the company's depreciation policies and the assets being depreciated. This information can help a franchisee better assess the financial health and stability of Bft.