What was the depreciation and amortization for Cr3 American Exteriors in 2024?
Cr3_American_Exteriors Franchise · 2025 FDDAnswer from 2025 FDD Document
| Equity at July 12, 2022 | $ - |
|---|---|
| Capital Contributions | 51,411 |
| Net Loss | (46,591) |
| Equity at December 31, 2022 | $ 4,820 |
| Equity at January 1, 2023 | $ 4,820 |
| Capital Contributions | 28,589 |
| Net Loss | (14,538) |
| Equity at December 31, 2023 | $ 18,871 |
| Equity at January 1, 2024 | $ 18,871 |
| Capital Contributions | 30,000 |
| Net Loss | 89,667 |
| Equity at December 31, 2024 | $ 138,538 |
Statements of Cash Flows For The Three Years Ended December 31, 2024
| | 2024
Source: Item 23 — RECEIPTS (FDD pages 53–150)
What This Means (2025 FDD)
According to Cr3 American Exteriors's 2025 Franchise Disclosure Document, the depreciation and amortization expenses for 2024 were $87.
Depreciation and amortization are accounting methods used to allocate the cost of tangible (depreciation) and intangible (amortization) assets over their useful lives. For a Cr3 American Exteriors franchisee, these expenses can relate to assets such as equipment, vehicles, or software used in the business. The amount of depreciation and amortization can impact the franchisee's net income and tax liabilities.
A prospective franchisee should consider the level of depreciation and amortization relative to the overall financial performance of Cr3 American Exteriors. While a small amount in 2024, it is important to understand what assets are being depreciated or amortized and how these expenses might change as the business grows or invests in new assets. Reviewing these figures over several years, as presented in the table, provides a better understanding of the trend and potential future impact.