What is the weighted average remaining lease term in years for C12 Group's operating leases?

According to C12 Group's 2025 Franchise Disclosure Document, the weighted-average remaining lease term was 2.15 years in 2024 and 1.16 years in 2023. These figures pertain to the company's operating leases for office space and equipment. The leases do not contain options to renew. Rent expense under such leases totaled approximately $138,000 in 2024 and $134,000 in 2023. Future commitments relating to these lease agreements are as follows at December 31, 2024.

For a prospective C12 Group franchisee, this information provides insight into the company's lease obligations and the duration of their existing leases. It indicates that C12 Group leases office space and equipment, and the remaining lease terms were relatively short, at just over two years in 2024 and just over one year in 2023. The absence of renewal options suggests that C12 Group may need to renegotiate or relocate its office space in the near future.

The provided data also shows the annual rent expenses incurred by C12 Group, which were approximately $138,000 in 2024 and $134,000 in 2023. This information can be useful for potential franchisees to understand the company's operational costs related to leasing office space and equipment. The future commitments relating to these lease agreements as of December 31, 2024, are also disclosed, providing further transparency into the company's financial obligations.

Overall, this information offers a glimpse into C12 Group's leasing practices and financial commitments, which can be valuable for prospective franchisees in assessing the company's financial health and operational strategies.