What was the non-current operating lease liabilities for Bw Premier Collection in 2024 (in thousands)?
Bw_Premier_Collection Franchise · 2025 FDDAnswer from 2025 FDD Document
| (in thousands) | 2024 | 2023 | |
|---|---|---|---|
| Assets | |||
| Total non-current operating lease assets (1) | $ 1,482 | $ 1,600 | |
| Liabilities | |||
| Current operating lease liabilities (2) | $ 690 | $ 848 | |
| Non-current operating lease liabilities (3) | 811 | 791 | |
| Total operating lease liabilities | $ 1,501 | $ 1,639 |
Source: Item 23 — Receipts (FDD pages 54–203)
What This Means (2025 FDD)
According to Bw Premier Collection's 2025 Franchise Disclosure Document, the non-current operating lease liabilities for 2024 were $811,000. This figure represents the portion of Bw Premier Collection's lease obligations that are not due within the next 12 months. These liabilities are related to the company's lease arrangements for office space, vehicles, and office equipment, which expire on various dates through 2029.
For a prospective franchisee, understanding these lease liabilities is crucial as it provides insight into the company's long-term financial obligations related to its leased assets. The non-current operating lease liabilities are recorded in non-current lease liability in the Consolidated Statements of Financial Position.
Monitoring these liabilities over time can help franchisees assess the financial stability and long-term planning of Bw Premier Collection. A significant increase in non-current lease liabilities could indicate expansion or increased reliance on leased assets, while a decrease might suggest improved financial management or a shift towards owning assets instead of leasing. Franchisees should consider these trends as part of their due diligence when evaluating the overall health and strategy of the Bw Premier Collection franchise system.