What is the total value of Cornwell Quality Tools' total liabilities?

According to Cornwell Quality Tools' 2025 Franchise Disclosure Document, the consolidated total liabilities are detailed in the financial statements. For the Cornwell Quality Tools Company, the total liabilities amount to $30,783,149. CQT Kennedy, LLC, a subsidiary, has total liabilities of $35,377,180. After accounting for eliminations of ($42,982,183) related to intercompany transactions, the consolidated total liabilities for Cornwell Quality Tools amount to $23,178,146.

Understanding the liabilities of a franchise is crucial for potential franchisees. Total liabilities represent the total amount of debt and obligations that the company owes to creditors and other parties. Monitoring these figures helps in assessing the financial stability and solvency of Cornwell Quality Tools. A high level of liabilities compared to assets could indicate higher financial risk, whereas a lower level might suggest a more stable financial position.

Prospective franchisees should consider these figures in conjunction with other financial metrics, such as assets, equity, and revenue, to gain a comprehensive understanding of Cornwell Quality Tools' financial health. It is also advisable to compare these liabilities with those of other companies in the same industry to benchmark Cornwell Quality Tools' financial standing. Consulting with a financial advisor can provide further insights into the implications of these liabilities for the franchisee's investment.