What was the amount of capital related to changes in noncontrolling interest from distributions (repurchases), including repayments on shareholder notes receivable for Brueggers Bagels?
Brueggers_Bagels Franchise · 2025 FDDAnswer from 2025 FDD Document
| Changes in noncontrolling interest from: | | Distributions (repurchases), including | | repayments on shareholder notes receivable | (3,623) | - | | - | (324) | | - | - | - | (3,947) | | Changes in noncontrolling interest from: | | Distributions (repurchases), including | | repayments on shareholder notes receivable | (15,673) | - | | - | - | | - | - | - | (15,673) | | Changes in noncontrolling interest from: | (1,773) | - | | - | - | | - | - | - | (1,773) | | Distributions (repurchases), including | | repayments on shareholder notes receivable |
Source: Item 21 — FINANCIAL STATEMENTS (FDD page 61)
What This Means (2025 FDD)
According to Brueggers Bagels' 2025 Franchise Disclosure Document, changes in noncontrolling interest from distributions (repurchases), including repayments on shareholder notes receivable, were as follows:
For the fiscal year ended December 27, 2022, the amount was ($3,947). This indicates a decrease in noncontrolling interest due to distributions or repurchases, including repayments on shareholder notes receivable.
For the fiscal year ended December 26, 2023, the amount was ($15,673). This represents a more significant decrease in noncontrolling interest compared to the previous year, again due to distributions, repurchases, and repayments on shareholder notes receivable.
For the fiscal year ended December 31, 2024, the amount was ($1,773). This shows a decrease in noncontrolling interest, but less than the decrease in 2023. These figures reflect changes in the ownership structure and capital management decisions within Brueggers Bagels and its related entities.