What is the total value of Bhc's property and equipment after deducting accumulated depreciation?

According to Bhc's 2025 Franchise Disclosure Document, the total value of property and equipment, after deducting accumulated depreciation, is $1,162,492. This figure represents the net book value of Bhc's tangible assets, reflecting the original cost of these assets less the total depreciation expense recognized over their useful lives. These assets 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 before depreciation.

The accumulated depreciation, which accounts for the wear and tear and obsolescence of these assets, is reported as $365,313. This depreciation expense is a non-cash charge that reduces the carrying value of the assets on Bhc's balance sheet. The net value of $1,162,492 provides a more realistic view of the current value of the company's property and equipment.

For a prospective franchisee, understanding the net value of property and equipment is crucial as it reflects the actual investment in tangible assets. It's important to note that these figures represent Bhc's corporate assets and not the initial investment required by a franchisee to set up their own location. Franchisees should focus on the initial costs outlined in Item 7 of the FDD to understand their own potential investment in property and equipment.