What was the total amount of liabilities reported for Bw Premier Collection in the later year?
Bw_Premier_Collection Franchise · 2025 FDDAnswer from 2025 FDD Document
| LIABILITIES AND NET ASSETS | ||
|---|---|---|
| CURRENT LIABILITIES: | ||
| Accounts payable and accrued liabilities | $ 81,708 | $ 78,042 |
| Current frequent stay program liability | 117,949 | 96,193 |
| Current deferred revenue | 16,845 | 16,327 |
| Deposits | 10,109 | 12,460 |
| Line of credit | - | - |
| TOTAL CURRENT LIABILITIES | 226,611 | 203,022 |
| Non-current frequent stay program liability | 175,298 | 198,148 |
| Non-current deferred affiliation fee revenue | 45,980 | 48,558 |
| Non-current deferred compensation plans liability | 15,358 | 17,183 |
| Non-current construction loans | 37,963 | 37,861 |
| Non-current lease liability | 790 | - |
| TOTAL LIABILITIES | 502,000 | 504,772 |
| NET ASSETS: | ||
| Retained earnings | 233,532 | 144,213 |
| Accumulated other comprehensive (loss) income | (3,525) | 576 |
| TOTAL BEST WESTERN INTERNATIONAL, INC. NET ASSETS | 230,007 | 144,789 |
| Non-controlling interests | 1,830 | 1,954 |
| TOTAL NET ASSETS | 231,837 | 146,743 |
| TOTAL LIABILITIES AND NET ASSETS | $ 733,837 | $ 651,515 |
Source: Item 23 — Receipts (FDD pages 54–203)
What This Means (2025 FDD)
According to Bw Premier Collection's 2025 Franchise Disclosure Document, the total liabilities reported as of November 30, 2024, were $502,000. This figure is part of a larger balance sheet that includes both liabilities and net assets, which combined, totaled $733,837 as of the same date.
When assessing the financial health of Bw Premier Collection, prospective franchisees should consider the composition of these liabilities. Current liabilities, which are due within a year, totaled $226,611 and include accounts payable, accrued liabilities, frequent stay program liabilities, deferred revenue, and deposits. Non-current liabilities, which extend beyond a year, include items like non-current frequent stay program liability, deferred affiliation fee revenue, deferred compensation plans liability, construction loans, and lease liabilities.
Understanding the nature and terms of these liabilities is crucial. For instance, the frequent stay program liability reflects obligations to customers for rewards earned, while deferred revenue represents payments received for services not yet rendered. Monitoring these liabilities can provide insights into Bw Premier Collection's ongoing obligations and financial stability. Comparing these figures to previous years and industry benchmarks can further inform a franchisee's assessment of the brand's financial management and risk profile.