What is the total value of Churchs Chicken's land, buildings and improvements, equipment, and trademarks?
Churchs_Chicken Franchise · 2025 FDDAnswer from 2025 FDD Document
0.jpeg)
| Land | $ | 74,741 | $ | 76,754 |
|---|---|---|---|---|
| Buildings and improvements | 40,012 | 36,513 | ||
| Equipment | 25,175 | 21,716 | ||
| Construction-in-progress | 1,402 141,330 | 2,198 137,181 | ||
| Less accumulated depreciation | (21,288) | (11,458) | ||
| $ | 120,042 | $ | 125,723 | |
| December 31, 2023 | December 25, 2022 | |||
| ------------------------- |
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 company's assets include land, buildings and improvements, equipment, and trademarks. The value of these assets fluctuates year to year.
As of December 31, 2023, the value of land was $74,741, buildings and improvements were valued at $40,012, and equipment was valued at $25,175. The value of trademarks was $237,900 as of December 31, 2023.
As of December 25, 2022, the value of land was $76,754, buildings and improvements were valued at $36,513, and equipment was valued at $21,716. The value of trademarks was $237,900 as of December 25, 2022. These figures represent the book value of these assets on Churchs Chicken's balance sheet, not necessarily their market value. These values do not reflect the financial position of individual franchisees.