What was the total less accumulated depreciation and amortization for Dog Haus in 2024?
Dog_Haus Franchise · 2025 FDDAnswer from 2025 FDD Document
ng 2023 and 2024 is as follows:
| Balance at January 1, 2023, as reported | $ 1,645,055 |
|---|---|
| Increase for franchise fees received Adjustments Revenue recognized | 420,000 (95,000) (1,019,346) |
| Balance as of December 31, 2023 | 950,709 |
| Increase for franchise fees received | 490,000 |
| Adjustments |
Source: Item 23 — RECEIPTS (FDD pages 87–328)
What This Means (2025 FDD)
According to Dog Haus's 2025 Franchise Disclosure Document, the total property and equipment, less accumulated depreciation and amortization, was $46,659 as of December 31, 2024. This figure represents the net book value of Dog Haus's assets after accounting for the reduction in value due to depreciation and amortization.
For a prospective franchisee, this indicates the remaining value of Dog Haus's assets after considering wear and tear and the usage of assets over time. It is important to note that the accumulated depreciation and amortization as of December 31, 2024, was $105,935.
This information is part of the broader financial statements that provide insights into the financial health and asset management practices of Dog Haus. Reviewing these figures in comparison to previous years and industry benchmarks can help potential franchisees assess the company's financial stability and investment in its assets.