What was the total operating lease liabilities reported for Dog Haus in 2023?
Dog_Haus Franchise · 2025 FDDAnswer from 2025 FDD Document
he lease, or if not readily available, the Company uses a risk-free rate based on U.S. Treasury notes or bond rates for a similar term.
Notes to Financial Statements December 31, 2024, 2023 and 2022
ROU asset is assessed for impairment in accordance with the Company's long-lived asset policy. The Company reassesses lease classification and
Source: Item 23 — RECEIPTS (FDD pages 87–328)
What This Means (2025 FDD)
According to Dog Haus's 2025 Franchise Disclosure Document, the total operating lease liabilities for 2023 were $163,462. This figure represents the sum of the current portion of the lease liability ($121,020) and the lease liability net of the current portion ($42,442) for that year.
For a prospective Dog Haus franchisee, understanding lease liabilities is crucial. These liabilities reflect the financial obligations Dog Haus has for the use of property under lease agreements. The total operating lease liabilities indicate the overall financial commitment Dog Haus has made for its locations.
It's important to note that these figures are specific to Dog Haus Worldwide, LLC, and not necessarily representative of individual franchise locations. Franchisees will incur their own lease liabilities based on their specific lease agreements with landlords. Reviewing these figures can provide insight into how Dog Haus manages its lease obligations at the corporate level.