What was the value of non-current contract assets for Bw Premier Collection in 2022?
Bw_Premier_Collection Franchise · 2025 FDDAnswer from 2025 FDD Document
| (in thousands) | 2023 | 2022 |
|---|---|---|
| Current contract assets | $ 957 | $ 964 |
| Non-current contract assets | 11,903 | 12,305 |
| Total contract assets | $ 12,860 | $ 13,269 |
Source: Item 23 — Receipts (FDD pages 54–203)
What This Means (2025 FDD)
According to Bw Premier Collection's 2025 Franchise Disclosure Document, the value of non-current contract assets in 2022 was $12,305,000. This figure is part of the company's financial overview, reflecting the long-term value associated with contracts.
Non-current contract assets typically represent revenues that Bw Premier Collection expects to realize from its franchise agreements over a period exceeding one year. These assets could include future membership fees, royalties, or other payments due under the franchise contracts. The amount indicates the anticipated financial inflows from existing agreements beyond the upcoming year.
For a prospective franchisee, this information provides insight into the financial stability and long-term revenue streams of Bw Premier Collection. A higher value of non-current contract assets may suggest a strong, established network of franchisees with long-term commitments. However, it is important to consider this figure in conjunction with other financial metrics and qualitative factors, such as franchisee satisfaction and renewal rates, to gain a comprehensive understanding of the franchise's health and sustainability.
It is important to note that these figures are based on estimates and assumptions made by Bw Premier Collection. Actual results may vary depending on various factors, including economic conditions, changes in the competitive landscape, and the performance of individual franchisees. Therefore, prospective franchisees should conduct their own due diligence and consult with financial advisors to assess the risks and opportunities associated with investing in a Bw Premier Collection franchise.