What was the amount of notes payable for Burneys Sweets More as of December 31, 2025?
Burneys_Sweets_More Franchise · 2025 FDDAnswer from 2025 FDD Document
s follows:
| Year Ended December 31 | Amount |
|---|---|
| 2025 | 16,694 |
| 2026 | 7,319 |
| 2027 | 7,609 |
| 2028 | 7,912 |
| 2029 | 4,173 |
| Total Notes Payable |
Source: Item 23 — RECEIPT (FDD pages 50–199)
What This Means (2025 FDD)
According to Burneys Sweets More's 2025 Franchise Disclosure Document, the total notes payable as of December 31, 2025, was $16,694. The document also provides figures for projected notes payable in subsequent years, including $7,319 for 2026, $7,609 for 2027, $7,912 for 2028, and $4,173 for 2029. The total notes payable amount across all listed years is $43,707.
This information is relevant for prospective Burneys Sweets More franchisees as it provides insight into the company's debt obligations and repayment schedule. Understanding the franchisor's financial liabilities can help franchisees assess the financial stability of the company. This can be a key factor in evaluating the overall risk and potential success of investing in a Burneys Sweets More franchise.
It is important to note that these figures represent the notes payable for DMG Burney, Inc., which is the franchisor entity. Franchisees should consider this data in conjunction with other financial disclosures in the FDD to gain a comprehensive understanding of the franchisor's financial health. Reviewing the notes payable schedule and understanding the terms of the underlying loans can provide additional clarity on the franchisor's financial commitments.