What was the total value of non-current operating lease assets for Bw Premier Collection?
Bw_Premier_Collection Franchise · 2025 FDDAnswer from 2025 FDD Document
)
Consolidated Statements of Financial Position
| (in thousands) | 2024 | 2023 | |
|---|---|---|---|
| Current contract assets | $ 954 | $ 957 | |
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 value of non-current operating lease assets as of November 30, 2023, was $1,600,000. The FDD also provides comparative data for 2024, showing a slightly lower value of $1,482,000 for these assets. It is important to note that these figures are expressed in thousands of dollars.
These assets represent Bw Premier Collection's rights to use leased properties or equipment for longer than one year. For a prospective franchisee, understanding these figures can provide insight into the scale of Bw Premier Collection's long-term lease commitments and how they manage their asset portfolio. The decrease in non-current operating lease assets from 2023 to 2024 could indicate changes in leasing strategies or asset management practices.
It is also useful to understand where these assets are recorded in Bw Premier Collection's financial statements. The FDD clarifies that non-current operating lease assets are recorded in other assets, net, within the Consolidated Statements of Financial Position. This level of detail helps potential franchisees to more fully understand Bw Premier Collection's financial reporting practices and how lease-related assets are accounted for.