What was the total value of machinery and equipment for Brueggers Bagels as of December 26, 2023?
Brueggers_Bagels Franchise · 2025 FDDAnswer from 2025 FDD Document
Property and equipment are stated on the basis of cost less accumulated depreciation. Depreciation of property and equipment is computed using the straight-line method over the assets' estimated useful lives of one to twenty years. Leasehold improvements are amortized using the straight-line method over the shorter of their estimated useful lives or the related initial non-cancelable lease term, excluding renewal option terms, which is generally five to ten years, unless it is reasonably assured that the renewal option term is going to be exercised.
Source: Item 21 — FINANCIAL STATEMENTS (FDD page 61)
What This Means (2025 FDD)
Based on the 2025 Franchise Disclosure Document, the financial statements of Brueggers Bagels do not explicitly state the total value of machinery and equipment as of December 26, 2023. However, the document does discuss property and equipment in general.
Specifically, the FDD mentions that property and equipment are recorded at cost less accumulated depreciation. Depreciation is calculated using the straight-line method over the assets' estimated useful lives, which range from one to twenty years. Leasehold improvements are amortized over the shorter of their estimated useful lives or the related initial non-cancelable lease term, typically five to ten years.
To get the specific value of machinery and equipment, a prospective Brueggers Bagels franchisee should ask the franchisor for a detailed breakdown of the company's assets, including the value of machinery and equipment, as part of their due diligence. This information is crucial for understanding the capital investment required to start and maintain a franchise.