What was the reported value of coffee for Brueggers Bagels as of December 31, 2024?
Brueggers_Bagels Franchise · 2025 FDDAnswer from 2025 FDD Document
Raw materials consist primarily of coffee beans and bagel ingredients. Finished goods include roasted coffee, tea, bagels, packaged foods, and accessory products and supplies. Caribou inventories are stated at the lower of weighted average cost or net realizable value while ENRGI inventories are stated at the lower of first-in, first-out cost or net realizable value.
Source: Item 21 — FINANCIAL STATEMENTS (FDD page 61)
What This Means (2025 FDD)
Based on the 2025 FDD, it is not possible to determine the specific value of coffee for Brueggers Bagels as of December 31, 2024. While the document mentions coffee and coffee beans in the context of raw materials and inventories, it does not provide a specific valuation for coffee as a standalone item.
Item 21 discusses the financial statements of Caribou Coffee Company, Inc., which includes the Bagel Brands business unit (ENRGI) that operates Brueggers Bagels. The document details various aspects of the company's financial performance, such as goodwill, pre-opening expenses, advertising costs, and revenue recognition policies. It also mentions that raw materials consist primarily of coffee beans and bagel ingredients, and finished goods include roasted coffee, tea, bagels, packaged foods, and accessory products and supplies.
However, there is no specific line item or disclosure that breaks down the value of coffee separately from other raw materials or finished goods. The financial statements provide a consolidated view of the company's assets and liabilities, but they do not offer a granular breakdown of the value of specific inventory items like coffee. A prospective franchisee would need to contact Brueggers Bagels directly to obtain this information.