What was the total value of Chesters' intangible assets, net?
Chesters Franchise · 2025 FDDAnswer from 2025 FDD Document
| CURRENT ASSETS | |||
|---|---|---|---|
| Cash | $ 2,515,674 | $ 2,392,340 | |
| Accounts receivable, net of allowance for | |||
| doubtful accounts | 5,299,346 | 3,735,366 | |
| Due from related parties | 1,117,539 | 684,044 | |
| Inventories, net | 1,247,308 | 1,130,712 | |
| Prepaid expenses | 49,815 | 101,200 | |
| Total current assets | 10,229,682 | 8,043,662 | |
| PROPERTY AND EQUIPMENT, NET | 878,650 | 148,788 | |
| OPERATING LEASE RIGHT-OF-USE ASSETS, NET | 1,820,812 | 1,304,672 | |
| GOODWILL, NET | 1,613,657 | 1,936,388 | |
| 30,523 | 52,666 | ||
| INTANGIBLE ASSETS, NET |
Source: Item 23 — **RECEIPTS (FDD pages 48–197)
What This Means (2025 FDD)
According to Chesters's 2025 Franchise Disclosure Document, the balance sheet includes a line item for "INTANGIBLE ASSETS, NET." However, the actual value for this line item is missing from the provided financial data. The table includes labels and values for other assets like cash, accounts receivable, goodwill, and property and equipment, but the corresponding dollar figures for intangible assets are not present in the excerpt. A prospective franchisee should ask Chesters for the specific value of their intangible assets to get a clear picture of the company's overall financial health. Intangible assets can include things like patents, trademarks, and other intellectual property, which can be valuable but are not always easy to quantify. Knowing the value of these assets can help a franchisee assess the long-term potential and stability of the Chesters franchise system.