What is the present value of the net minimum lease payments for a Crowne Plaza franchise?

According to the 2025 Crowne Plaza Franchise Disclosure Document, the present value of the net minimum lease payments is detailed in Item 23. One example shows the present value of net minimum lease payments to be $261,204, after deducting $2,930,124 representing interest from the net minimum lease payments of $3,191,328. The document also lists the minimum lease payments for the years 2025 through 2029 as $21,120 per year, with $3,085,728 listed as 'Thereafter'.

Another example provided in Item 23 shows a present value of net minimum lease payments of $84,195, after deducting $11,225 representing interest. This example lists minimum lease payments for the years 2025 through 2029 as ranging from $13,919 to $16,308, with $18,829 and $95,420 listed as 'Thereafter'.

These figures represent the discounted value of future lease obligations, taking into account the time value of money. Prospective Crowne Plaza franchisees should carefully review these figures and understand the terms of their specific lease agreements, as these values can significantly impact the overall cost of the franchise.