What was the net value of Bw Premier Collection's property and equipment as of November 30, 2023?
Bw_Premier_Collection Franchise · 2025 FDDAnswer from 2025 FDD Document
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Consolidated Statements of Financial Position
| (in thousands) | 2023 | As of November 30, 2022 |
|---|---|---|
| ASSETS | ||
| CURRENT ASSETS: | ||
| Cash and cash equivalents | $ 161,159 | $ 239,426 |
| Restricted cash | 12,194 | 11,089 |
| Short-term investments | 15,939 | 16,396 |
| Accounts receivable, principally from Members, net | 61,858 | 72,182 |
| Prepaid expenses and other current assets | 18,017 | 17,265 |
| Income taxes receivable | 9,748 | 8,430 |
| TOTAL CURRENT ASSETS | 278,915 | 364,788 |
| Property, equi |
Source: Item 23 — Receipts (FDD pages 54–203)
What This Means (2025 FDD)
According to Bw Premier Collection's 2025 Franchise Disclosure Document, the net value of property, equipment, and computer software as of November 30, 2023, was $34,476,000. This figure represents the original cost of these assets less any accumulated depreciation. It is a key indicator of the company's investment in its physical and technological infrastructure.
For a prospective franchisee, this number provides insight into the resources Bw Premier Collection owns and utilizes to support its operations. A higher net value might suggest a greater investment in technology and physical assets, potentially leading to more efficient operations or a higher quality of service. However, it's also important to consider the age and condition of these assets, as reflected in the accumulated depreciation.
It is important to note that this value includes both property, equipment, and computer software. Franchisees should consider this information in conjunction with other financial metrics and qualitative factors to assess the overall financial health and stability of Bw Premier Collection. Understanding the composition and condition of these assets can help franchisees evaluate the long-term sustainability and growth potential of the franchise system.