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What was the comprehensive excess of revenues over expenses attributable to non-controlling interests for Bw Premier Collection in 2022 (in thousands)?

Bw_Premier_Collection Franchise · 2025 FDD

Answer from 2025 FDD Document

Consolidated Statements of Revenues and Expenses

(in thousands) 2023 Years Ended November 30, 2022
REVENUES:
Fees, dues and assessments $ 293,536 $ 276,766
Program revenues 180,273 165,915
Other revenues 62,787 51,199
TOTAL REVENUES 536,596 493,880
EXPENSES:
Compensation, taxes and benefits 197,303 175,005
Advertising and promotion 121,415 105,950
Depreciation and amortization 18,162 14,748
General and administrative 88,222 77,477
Program cost of sales 19,540 16,531
TOTAL EXPENSES 444,642 389,711
Net realized and unrealized gains (losses) on investments 12,414 (1,391)
Interest and dividend income, and interest expense, net 12,150 2,160
Excess of revenues over expenses before income taxes 116,518 104,938
Income tax provision (27,498) (17,169)
Excess of revenues over expenses 89,020 87,769
Excess of expenses over revenues
attributable to non-controlling interests 299 310
EXCESS OF REVENUES OVER EXPENSES
ATTRIBUTABLE TO BEST W

Source: Item 23 — Receipts (FDD pages 54–203)

What This Means (2025 FDD)

According to Bw Premier Collection's 2025 Franchise Disclosure Document, the excess of expenses over revenues attributable to non-controlling interests was $310,000 in 2022. This figure represents the portion of Bw Premier Collection's losses that are allocated to entities or individuals who own less than a controlling interest in the company's consolidated subsidiaries.

For a prospective franchisee, this information provides insight into the financial structure and the distribution of profits and losses within Bw Premier Collection's network. Non-controlling interests typically arise when Bw Premier Collection owns less than 100% of a subsidiary, and the remaining ownership is held by outside investors. The allocation of expenses to these non-controlling interests reduces the net income attributable to Bw Premier Collection itself.

It is important to note that this figure reflects the excess of expenses over revenues specifically allocated to non-controlling interests, not the overall profitability of Bw Premier Collection. Franchisees should consider this information in conjunction with other financial data provided in the FDD, such as total revenues, expenses, and net income, to gain a comprehensive understanding of Bw Premier Collection's financial performance and stability. Reviewing these figures over multiple years, as presented in the table, can also reveal trends and potential areas of concern or strength.

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.