What is the estimated amortization expense for Exit in 2025?
Exit Franchise · 2025 FDDAnswer from 2025 FDD Document
| For the Years Ending December 31 | Amount | |
|---|---|---|
| 2025 | $ | 84,065 |
| 2026 | 84,065 | |
| 2027 | 84,065 | |
| 2028 | 83,997 | |
| 2029 | 83,808 | |
| Thereafter | 309,814 | |
| Total estimated amortization expense | $ 729,814 |
| 2025 | $ | 2,914 | |
|---|---|---|---|
| 2026 | 2,914 | ||
| 2027 | 2,917 | ||
| 2028 | 417 | ||
| 2029 | 417 | ||
| Thereafter | 2,255 | ||
| Total expected amortization expense | $ | 11,834 |
Source: Item 23 — RECEIPT (FDD pages 42–235)
What This Means (2025 FDD)
According to Exit's 2025 Franchise Disclosure Document, the estimated amortization expense for 2025 is presented in two separate tables. One table shows an estimated amortization expense of $84,065 for the year 2025. A second table shows a different estimated amortization expense of $2,914 for the year 2025.
It is important to note that there are two different amortization expenses listed, and they likely pertain to different types of assets or agreements. The document does not specify what each amortization expense covers.
A prospective Exit franchisee should clarify with the franchisor the nature of each amortization expense, what assets or agreements they relate to, and why there are two separate figures provided for the same year.