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What was the net value of Del Taco's property and equipment as of September 29, 2024?

Del_Taco Franchise · 2025 FDD

Answer from 2025 FDD Document

auditor since 1986.

San Diego, California November 20, 2024

CONSOLIDATED BALANCE SHEETS

(In thousands, except share and per share data)

Se September 29, 2024 October 1, 2023
ASSETS
Current assets:
Cash $ 24,745 $ 157,653
Restricted cash 29,422 28,254
Accounts and other receivables, net 83,567 99,678
Inventories 3,922 3,896
Prepaid expenses 13,126 16,911
Current assets held for sale 16,493 13,925
Other current assets 10,002 5,667
Total current assets ···· 181,277 325,984
Property and equipment, at cost:
Land 93,950 92,007
Buildings 963,699 968,221
Restaurant and other equipment 171,436 166,714
Construction in progress 49,445 1,278

Source: Item 21 — FINANCIAL STATEMENTS (FDD page 58)

What This Means (2025 FDD)

According to Del Taco's 2025 Franchise Disclosure Document, as of September 29, 2024, the net value of Del Taco's property and equipment was $430,039. This figure represents the original cost of the company's land, buildings, restaurant equipment, and construction in progress, less accumulated depreciation and amortization.

Specifically, the gross values for property and equipment were: Land at $93,950, Buildings at $963,699, Restaurant and other equipment at $171,436, and Construction in progress at $49,445, totaling $1,278,530. Accumulated depreciation and amortization totaled $848,491, resulting in the net value of $430,039.

For a prospective franchisee, this indicates the scale of physical assets Del Taco owns and manages. While franchisees will operate their own locations, understanding the corporate asset base can provide insight into the overall financial health and investment in infrastructure of the Del Taco brand. Comparing these figures to previous years can also reveal trends in capital expenditure and depreciation, which may be relevant for assessing the long-term value and stability of the franchise system.

Disclaimer: This information is extracted from the 2025 Franchise Disclosure Document and is provided for research purposes only. It does not constitute legal or financial advice. Consult with a franchise attorney before making any investment decisions.