What was the reported net value of property and equipment for Dq Treat in 2023?
Dq_Treat Franchise · 2025 FDDAnswer from 2025 FDD Document
chased or the existing franchise agreement.
Use of Estimates—The preparation of the consolidated financial statements in conformity with accounting principles generally accepted in the United States of America requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosures of contingent assets and liabilities at the date of the consolidated financial statements, the reported amounts of revenues an
Source: Item 17 — The following paragraph is added to the end of Item 17 of the Disclosure Document: (FDD pages 70–378)
What This Means (2025 FDD)
According to Dq Treat's 2025 Franchise Disclosure Document, the net value of property and equipment in 2023 was $12,309. This figure represents the original cost of Dq Treat's property and equipment, less any accumulated depreciation. The original cost of property and equipment was $22,551, with accumulated depreciation of $10,242.
For a prospective franchisee, this information provides insight into the financial management and asset valuation of Dq Treat. It demonstrates the level of investment Dq Treat has in its physical assets and how these assets are depreciated over time. Understanding these figures can help a franchisee assess the financial health and stability of the company.
It's important to note that these figures are specific to Dq Treat and may not be representative of all franchise systems. Additionally, the value of property and equipment can fluctuate based on various factors, including market conditions, investment in new assets, and depreciation policies. Franchisees should consider these factors when evaluating the financial performance of Dq Treat.