What was the amount of interest paid by Browns Chicken during the year ended December 31, 2023?

According to Browns Chicken's 2025 Franchise Disclosure Document, the company paid $155 in interest during the year ended December 31, 2023. This figure reflects the actual interest expenses incurred by Browns Chicken during that specific accounting period. For a prospective franchisee, this indicates the level of debt-related expenses the company has historically managed.

This information is useful for understanding Browns Chicken's financial health and how it manages its debt obligations. A low-interest payment could suggest that the company has minimal debt or has favorable loan terms. Conversely, higher interest payments in other years might indicate a greater reliance on debt financing or less favorable loan agreements.

It's important to note that interest expenses can fluctuate based on various factors, including changes in interest rates, the amount of outstanding debt, and the company's creditworthiness. Therefore, while the $155 figure provides a snapshot of the company's interest payments for 2023, it should be considered in conjunction with other financial data and trends to gain a comprehensive understanding of Browns Chicken's financial position.