factual

What was the amount of cash paid for interest by Gold Star in 2022?

Gold_Star Franchise · 2025 FDD

Answer from 2025 FDD Document

Company considers all shipping and handling costs to be fulfillment activity and not a separate p

Source: Item 23 — Receipts (FDD pages 53–163)

What This Means (2025 FDD)

According to Gold Star's 2025 Franchise Disclosure Document, the cash paid for interest in 2022 was $515,799. The FDD also provides the cash paid for interest in 2023 and 2024, which were $785,517 and $798,109, respectively.

For a prospective franchisee, this figure indicates the level of debt service Gold Star has incurred in recent years. Monitoring these figures over time can reveal trends in Gold Star's borrowing and repayment activities. Significant fluctuations in interest payments could reflect changes in debt levels, interest rates, or the company's financial strategy.

It's important to note that these figures reflect the cash paid for interest by Gold Star itself, and not necessarily the financing costs a new franchisee might incur to establish their own Gold Star franchise. A prospective franchisee should carefully consider their own financing options and consult with financial advisors to understand the potential interest expenses they may face.

Disclaimer: This information is extracted from the 2025 Franchise Disclosure Document and is provided for research purposes only. It does not constitute legal or financial advice. Consult with a franchise attorney before making any investment decisions.