What was the reported value of 'Other intangibles' for Costa Vida Fresh Mexican Grill in 2024?
Costa_Vida_Fresh_Mexican_Grill Franchise · 2025 FDDAnswer from 2025 FDD Document
ion | (197,770) | _ | (291,439) | - | (268,447) | | | $ 767,684 | $ | 364,043 | $ | 342,302 | Depreciation expense for 2024, 2023, and 2022 was $102,326, $97,271, and $83,877, respectively.
4. INTANGIBLE ASSETS
Indefinite-lived intangibles consisted of the follo
Source: Item 21 — FINANCIAL STATEMENTS (FDD page 66)
What This Means (2025 FDD)
According to Costa Vida Fresh Mexican Grill's 2025 Franchise Disclosure Document, the value of 'Other intangibles' is detailed in the financial statements. The reported value for 'Other intangibles' in 2024 was $7,292. The FDD also provides figures for 2023 and 2022, which were also $7,292 in both years.
'Other intangibles' for Costa Vida Fresh Mexican Grill include amounts paid for a domain URL. These intangible assets are not amortized, meaning their value isn't gradually reduced over time for accounting purposes. Instead, Costa Vida monitors these assets and will record an impairment if circumstances suggest the carrying amount is not recoverable.
For a prospective Costa Vida Fresh Mexican Grill franchisee, this indicates that the company has a small, fixed value assigned to its domain URL. Because the amount is not amortized, it does not affect the company's profitability unless an impairment is recognized. The consistent value across 2022, 2023 and 2024 suggests that Costa Vida Fresh Mexican Grill's management considers the value of the domain URL stable.