As of December 31, 2024, what was the reported value of furniture and equipment for Dermani Medspa?
Dermani_Medspa Franchise · 2025 FDDAnswer from 2025 FDD Document
| Property and equipment consisted of the following as of December 31, 2024: | ||
|---|---|---|
| Medical devices and machinery | $ 45,716 | |
| Furniture and equipment | 2 | 4,845 |
Source: Item 23 — RECEIPTS (FDD pages 66–311)
What This Means (2025 FDD)
According to Dermani Medspa's 2025 Franchise Disclosure Document, the value of furniture and equipment was reported as $4,845 as of December 31, 2024. This figure represents the book value of furniture and equipment owned by Dermani Medspa Franchising, LLC at the end of the fiscal year.
For a prospective franchisee, this information is useful for understanding the scale of assets held by the franchisor. However, it's important to note that this figure reflects the franchisor's assets, not the investment required for a new franchise location. Franchisees will need to make their own investments in furniture and equipment to set up their own Dermani Medspa centers.
It is important for potential franchisees to review the full financial statements and notes within Item 23 of the FDD, and to consult with a financial advisor to fully understand the financial health and asset values of Dermani Medspa Franchising, LLC. This will help them make an informed decision about investing in a franchise.