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What was the total value of Brueggers Bagels' inventories as of December 31, 2024?

Brueggers_Bagels Franchise · 2025 FDD

Answer from 2025 FDD Document

that we identified during the audit.

Denver, Colorado March 27, 2025

CARIBOU COFFEE COMPANY, INC. AND SUBSIDIARIES CONSOLIDATED BALANCE SHEETS

(in thousands (except share information))

December 31, 2024 December 26, 2023
ASSETS
Current assets:
Cash and cash equivalents $ 69,161 $ 75,357
Trade accounts receivable, net 17,930 27,649
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Source: Item 21 — FINANCIAL STATEMENTS (FDD page 61)

What This Means (2025 FDD)

According to Brueggers Bagels' 2025 Franchise Disclosure Document, the total value of their inventories as of December 31, 2024, was $19,011. This figure is part of the company's consolidated balance sheets, reflecting the value of raw materials, finished goods, and supplies on hand at that date.

Inventories are classified as current assets, which also include cash and cash equivalents, trade accounts receivable, other accounts receivable, and prepaid expenses. The total current assets for Brueggers Bagels as of December 31, 2024, amounted to $112,854. This indicates the company's ability to meet its short-term obligations and fund its day-to-day operations.

For a prospective franchisee, understanding the inventory valuation is crucial. It provides insight into the efficiency of supply chain management and the potential for inventory-related costs. Comparing the inventory value to previous years, such as the $28,267 reported on December 26, 2023, can reveal trends in inventory management and sales performance. A significant decrease in inventory value, as seen here, could indicate improved inventory turnover or changes in purchasing strategies.

It's also important to note how Brueggers Bagels values its inventories. 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.

Disclaimer: This information is extracted from the 2025 Franchise Disclosure Document and is provided for research purposes only. It does not constitute legal or financial advice. Consult with a franchise attorney before making any investment decisions.