What is the operating lease amount due in 2026 for Bw Premier Collection?
Bw_Premier_Collection Franchise · 2025 FDDAnswer from 2025 FDD Document
f November 30, 2024 were as follows (in thousands):
| Years ending November 30, | Operating Leases | |
|---|---|---|
| 2025 | $ | 731 |
| 2026 | 333 | |
| 2027 | 264 | |
| 2028 | 207 | |
| 2029 and thereafter | 50 | |
| Total minimum lease payments | 1,585 | |
| Less interest | (84) | |
| Net p |
Source: Item 23 — Receipts (FDD pages 54–203)
What This Means (2025 FDD)
According to the 2025 FDD, Bw Premier Collection's operating lease amount due in 2026 is $333,000. This figure is part of a table outlining the minimum future rentals on non-cancelable operating leases. These leases have an initial or remaining term exceeding one year as of November 30, 2022.
The table provides a breakdown of these lease obligations for the years 2025 through 2029 and thereafter. It's important to note that these amounts are stated in thousands of dollars. The total minimum lease payments amount to $1,585,000, from which interest of $84,000 is deducted, resulting in a net present value of minimum lease payments of $1,501,000.
Prospective franchisees should understand that these figures represent Bw Premier Collection's obligations as a whole and may not directly reflect the specific lease obligations a franchisee might incur. Franchisees typically enter into their own lease agreements for their hotel properties. This information is useful for understanding the overall financial commitments of Bw Premier Collection related to its own operating leases, which primarily cover office space, vehicles, and equipment. These leases expire on various dates through 2029.