What was the value of Churchs Chicken's buildings and improvements in the previous year?
Churchs_Chicken Franchise · 2025 FDDAnswer from 2025 FDD Document
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| 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 |
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 buildings and improvements as of December 31, 2023, was $40,012. This figure represents the company's investment in its physical structures and enhancements. This number is part of the overall assets that Churchs Chicken owns.
For a prospective franchisee, understanding the value of Churchs Chicken's buildings and improvements can provide insight into the company's financial health and investment in its infrastructure. It is important to note that this figure is a snapshot in time and can change due to depreciation, new construction, or other factors.
Franchisees should consider this information in conjunction with other financial data provided in the FDD, such as liabilities, revenues, and expenses, to gain a comprehensive understanding of Churchs Chicken's financial position. Additionally, it's advisable to consult with a financial advisor to assess the implications of these figures for their own investment decisions.