How are property and equipment assets stated on Bhc's financial statements?
Bhc Franchise · 2025 FDDAnswer from 2025 FDD Document
| Cash | $ 286,819 |
|---|---|
| Accounts receivable | 153,547 |
| Inventories | 10,877 |
| Prepaid expenses | 26,469 |
| Total Current Assets | 477,712 |
| Property and Equipment: | |
| Leasehold improvements | 1,425,433 |
| Furniture and fixture | 45,874 |
| Machinery and equipment | 4,709 |
| Transportation equipment | 51,789 1,527,805 |
| Less: Accumulated depreciation | (365,313) |
| Total Property and Equipment | 1,162,492 |
Source: Item 23 — Receipts (FDD pages 52–230)
What This Means (2025 FDD)
According to Bhc's 2025 Franchise Disclosure Document, the consolidated balance sheet as of December 31, 2024, includes property and equipment. These assets are listed with their gross values and accumulated depreciation.
Specifically, the property and equipment include leasehold improvements valued at $1,425,433, furniture and fixtures at $45,874, machinery and equipment at $4,709, and transportation equipment at $51,789, totaling $1,527,805. Accumulated depreciation is then subtracted from this total, amounting to $365,313. The net value of total property and equipment is $1,162,492.
This presentation provides a clear picture of Bhc's investment in physical assets and their depreciation over time. Potential franchisees can see the types and values of assets Bhc owns, which can be helpful for understanding the scale and nature of the business's operations. Reviewing these figures in the context of the full financial statements can offer insights into the company's capital expenditures and asset management strategies.