Did Craters & Freighters recognize any impairment loss on long-lived assets in 2024 or 2023?

According to Craters & Freighters' 2025 Franchise Disclosure Document, the company reviews its long-lived assets periodically to determine potential impairment. This involves comparing the carrying value of the assets with the estimated future undiscounted cash flows expected from their use, including any cash flows from disposition. If the sum of these expected future cash flows is less than the carrying value, Craters & Freighters would recognize an impairment loss at that time.

Based on this review process, Craters & Freighters did not recognize any impairment loss on long-lived assets in either 2024 or 2023. This indicates that the company's long-lived assets were not deemed to have lost value to the point where their carrying value exceeded their expected future cash flows during these years.

For a prospective franchisee, this suggests that Craters & Freighters has been managing its assets effectively, and the value of its assets has not significantly declined in recent years. This could be a positive sign for the overall financial health and stability of the company. However, it is important to note that this is just one aspect of the company's financial performance, and potential franchisees should conduct their own due diligence to assess the overall financial viability of the franchise opportunity.