factual

How does C12 Group handle operating leases?

C12_Group Franchise · 2025 FDD

Answer from 2025 FDD Document

ial institution did exceed the FDIC limit by $1,695,701 and $425,733 respectively. The Compa

Source: Item 22 — CONTRACTS (FDD page 46)

What This Means (2025 FDD)

According to the 2025 C12 Group Franchise Disclosure Document, the total lease payments are $296,342, less interest of $208, resulting in a present value of lease liabilities of $296,134. This indicates that C12 Group engages in leasing activities, which are reflected in their financial statements.

For a prospective franchisee, this information suggests that C12 Group either leases property or equipment as part of its operations. It's important to note that the specific details of these leases (e.g., what assets are leased, the lease terms, and the parties involved) are not detailed in this excerpt. Understanding the nature and terms of these leases would provide a clearer picture of C12 Group's financial obligations and operational structure.

Prospective franchisees should inquire with C12 Group about the specifics of these leases. Key questions to ask include: What assets are being leased? What are the terms of the leases, including the duration and renewal options? What are the obligations of C12 Group under these leases? Are these leases related to the operations of the franchisor or are they leases held by franchisees? Understanding these details will help potential franchisees assess the financial health and stability of C12 Group.

Disclaimer: This information is extracted from the 2025 Franchise Disclosure Document and is provided for research purposes only. It does not constitute legal or financial advice. Consult with a franchise attorney before making any investment decisions.