What was the reported value of goodwill for Big O Tires in the earlier year presented?
Big_O_Tires Franchise · 2025 FDDAnswer from 2025 FDD Document
ASSIGNEE desires to acquire the Big O Tires Store, including, without limitation, the business, the right to possess the premises where the business is located and certain assets, equipment, contract rights, inventory and goodwill related to or used in connection with the Big O Tires Store and the right and license to operate the store in accordance with BIG O's system and trademarks.
Source: Item 23 — RECEIPTS (FDD pages 102–535)
What This Means (2025 FDD)
I am unable to provide the requested information. While the 2025 Big O Tires FDD mentions 'goodwill' in the context of acquiring a Big O Tires store, it does not specify the monetary value of goodwill on any financial statements. The document refers to goodwill as an asset included in the sale of a Big O Tires store. To obtain the specific value of goodwill, it is recommended that prospective franchisees directly request this information from Big O Tires.