What was the reported value of Leasehold Improvements for Buildingstars in 2022?
Buildingstars Franchise · 2025 FDDAnswer from 2025 FDD Document
ent Events**
The Company has performed a review of events subsequent to the balance sheet date through March 11, 2025, the date the consolidated financial statem
Source: Item 20 — OUTLETS AND FRANCHISEE INFORMATION (FDD pages 34–43)
What This Means (2025 FDD)
According to Buildingstars's 2025 Franchise Disclosure Document, the reported value of Leasehold Improvements in 2022 was $5,135. This figure represents the investment Buildingstars has made in the physical improvements to leased spaces. These improvements are capitalized on Buildingstars's balance sheet and depreciated over their useful life.
For a prospective franchisee, understanding the value of leasehold improvements can provide insight into the physical assets Buildingstars owns and manages. It's important to note that this figure reflects the company's investment and not necessarily the costs a new franchisee would incur, as franchisees typically operate from their own locations or client sites.
It is also important to consider this figure in conjunction with other asset and liability figures to gain a comprehensive understanding of Buildingstars's financial health. Reviewing these figures over the three-year period (2022-2024) can reveal trends in Buildingstars's investment strategies and financial management.