What is the difference in the value of Churchs Chicken's land from the previous year to the current year?
Churchs_Chicken Franchise · 2025 FDDAnswer from 2025 FDD Document
| Land | S | 67,885 | 8 | 74,741 |
|---|---|---|---|---|
| Buildings and improvements | 41,174 | 40,012 |
Source: Item 11 — FRANCHISOR'S ASSISTANCE, ADVERTISING, COMPUTER SYSTEMS AND TRAINING (FDD pages 35–43)
What This Means (2025 FDD)
According to Churchs Chicken's 2025 Franchise Disclosure Document, the value of land held by the company decreased from December 25, 2022, to December 31, 2023. In 2022, the value of the land was $74,741, while in 2023, it was $67,885. This represents a decrease of $6,856 in the value of the land year-over-year.
For a prospective franchisee, this information is relevant as it provides insight into the company's asset management and real estate holdings. While franchisees typically do not directly own the land on which their restaurants are located (instead leasing the property), the franchisor's real estate strategy and asset values can reflect the overall financial health and investment approach of Churchs Chicken.
It's important to note that these figures reflect the aggregate land holdings of Churchs Chicken and its subsidiaries, not the value of any specific restaurant location. Fluctuations in land value can be influenced by various factors, including market conditions, acquisitions, and property sales. Franchisees should consider these broader financial trends as part of their due diligence, in addition to the specific economics of their individual franchise location.