What are the aggregate maturities of long-term debt for Boulder Designs in 2027?
Boulder_Designs Franchise · 2025 FDDAnswer from 2025 FDD Document
| 2024 | 2023 | ||
|---|---|---|---|
| Note payable to a finance company that matures in | |||
| July 2025 with no stated interest rate and monthly | _ | ||
| payments of $1,399; secured by certain equipment | $ | 13,971 | 33,553 |
| Note payable to the Small Business Administration that matures in June 2052 with an interest rate at 3.75% and monthly payments of $1,226; all u |
Source: Item 23 — RECEIPT (FDD pages 50–217)
What This Means (2025 FDD)
According to Boulder Designs' 2025 Franchise Disclosure Document, the aggregate maturities of long-term debt for the company in 2027 are $585. This figure represents the total amount of long-term debt that Boulder Designs is scheduled to pay off during that specific year.
For a prospective franchisee, understanding the franchisor's debt obligations can provide insights into the financial stability of Boulder Designs. Knowing the amounts of debt maturing in specific years allows potential franchisees to assess the company's ability to meet its financial obligations. This information is crucial for evaluating the overall financial health and stability of the franchise system.
It's important to note that this figure is based on the financial situation as of December 31, 2024. Future financial performance and any new debt agreements could alter these projections. Therefore, while this information provides a snapshot of Boulder Designs' debt obligations, prospective franchisees should also consider other financial factors and conduct thorough due diligence before investing.