What was the equipment lease expense for Coffee News in 2024?
Coffee_News Franchise · 2025 FDDAnswer from 2025 FDD Document
ontract as a lease if consideration in the contract allocated to the lease component is greater than the consideration allocated to any non-lease
Source: Item 23 — Receipts (FDD pages 36–118)
What This Means (2025 FDD)
According to Coffee News's 2025 Franchise Disclosure Document, the company's equipment lease expense totaled $1,614 in 2024. This figure reflects the cost Coffee News USA, Inc. incurred for leasing certain equipment on a month-to-month basis.
For a prospective franchisee, this indicates that Coffee News itself does not have significant capital expenditures related to equipment leasing. This is because Coffee News leases equipment on a short-term basis.
It's important to note that this figure represents the expenses of Coffee News USA, Inc., and not the expenses a franchisee might incur. A franchisee's equipment needs and leasing costs would likely be different and would depend on their individual business operations and choices. Franchisees should inquire about what equipment they will need to lease and what the typical costs are for franchisees.