What is the estimated future amortization amount for Checkersrallys' definite-lived intangible assets for the fiscal year ending in 2029?

According to Checkersrallys's 2025 Franchise Disclosure Document, the estimated future amortization of definite-lived intangible assets is disclosed in Item 21, but the specific amounts for future years, including the fiscal year ending in 2029, are not provided in the excerpts. The FDD does state that definite-lived intangible assets, primarily franchise agreements, are amortized on a straight-line basis over their estimated useful lives of 15 years. This amortization approach is based on the expected future benefits to be realized from the franchise agreements.

While the FDD excerpts detail the amortization expense recognized for specific periods, such as $0.1 million for the period ending January 1, 2024 (Successor) and $0.5 million for the period ended June 16, 2023 (Predecessor), it does not provide a breakdown of estimated amortization for each future year. The document also mentions impairment assessments for definite-lived intangibles, which could affect the amortization expense if an asset's value is deemed unrecoverable.

To determine the estimated amortization amount for the fiscal year ending in 2029, a prospective Checkersrallys franchisee should request this specific information from the franchisor. Understanding the future amortization schedule is crucial for financial planning and assessing the long-term profitability of the franchise. The franchisee should also inquire about the assumptions and methods used to calculate these estimates, as well as any factors that could cause them to change.