What was the total amount of long-term liabilities for Buona in 2022?

According to Buona's 2025 Franchise Disclosure Document, the company's total long-term liabilities in 2022 were $58,917. This figure represents the financial obligations Buona has due beyond the next 12 months. For a prospective franchisee, understanding the franchisor's long-term liabilities can provide insight into the company's financial stability and its ability to support its franchisees over the long term.

Long-term liabilities typically include items such as deferred revenue, long-term debt, and other obligations that extend beyond the current year. In Buona's case, the long-term liabilities are specified as 'Deferred Revenue, less Current Portion.' This suggests that a significant portion of these liabilities is related to franchise fees received upfront that are recognized over the term of the franchise agreement.

Franchisees should consider the trend of these liabilities over time. For Buona, the total long-term liabilities increased from $58,917 in 2022 to $211,917 in 2023, and further to $236,199 in 2024. This increase could indicate growth in franchise sales and related deferred revenue, but it's important to investigate the specific components of these liabilities to fully understand their implications. Reviewing the franchisor's balance sheets over several years, as presented in the FDD, helps potential franchisees assess the financial health and stability of the franchise system.