What is the operating lease amount due in 2028 for Bw Premier Collection?
Bw_Premier_Collection Franchise · 2025 FDDAnswer from 2025 FDD Document
| November 30, | Operating Leases |
|---|---|
| 2025 | $731 |
| 2026 | 333 |
| 2027 | 264 |
| 2028 | 207 |
Source: Item 23 — Receipts (FDD pages 54–203)
What This Means (2025 FDD)
According to Bw Premier Collection's 2025 Franchise Disclosure Document, the operating lease amount due in 2028 is $207,000. This figure represents the minimum future rentals on non-cancelable operating leases that the company has in place. These leases, as detailed in the FDD, include agreements for office space, vehicles, and office equipment.
This information is relevant for prospective franchisees as it provides insight into the financial obligations Bw Premier Collection undertakes as part of its operations. While this is not a direct obligation of the franchisee, understanding the franchisor's financial commitments can offer a broader view of the company's financial health and stability. Franchisees may want to inquire about the nature of these leases and how they might affect the franchisor's ability to support its franchisees.
It's important to note that these figures are based on leases in place as of a specific date (November 30, 2024) and may change over time as leases are renewed, terminated, or new ones are established. The FDD also mentions that these amounts are in thousands, so the $207 listed in the table actually represents $207,000. Franchisees should consider this information as part of their overall due diligence, keeping in mind that past financial commitments are not necessarily indicative of future performance or obligations.
Prospective franchisees should also be aware that the company's leases expire at various dates through 2029, meaning that the operating lease expenses could fluctuate in the coming years. Understanding the franchisor's lease obligations can help franchisees assess the financial stability and long-term viability of Bw Premier Collection.