What is the estimated amortization amount for Checkersrallys' definite-lived intangible assets thereafter?
Checkersrallys Franchise · 2025 FDDAnswer from 2025 FDD Document
| Fiscal Year Ending | Amount | |
|---|---|---|
| 2025 | $91 | |
| Thereafter | Total | 769 $1,223 |
Source: Item 23 — RECEIPTS (FDD pages 92–384)
What This Means (2025 FDD)
According to Checkersrallys' 2025 Franchise Disclosure Document, the estimated amortization amount for definite-lived intangible assets after 2025 is a total of $769. For the fiscal year ending in 2025, the amortization amount is projected to be $91. The net value of definite-lived intangible assets is $1,223 as of December 30, 2024.
Intangible assets typically include items like franchise agreements, trademarks, and other intellectual property that provide long-term value to the business. Amortization is the process of expensing the cost of these assets over their useful life.
Prospective Checkersrallys franchisees should understand how these intangible assets contribute to the business's value and how their amortization affects the company's financial statements. Reviewing the types of definite-lived intangible assets Checkersrallys holds and their respective useful lives can provide further insight into these figures.