What was the amount of cash paid for interest by Gold Star in 2024?

According to Gold Star's 2025 Franchise Disclosure Document, the cash paid for interest in 2024 was $798,109. The FDD also provides figures for cash paid for interest in the preceding years, with $785,517 in 2023 and $515,799 in 2022. These figures reflect the actual cash outflow Gold Star experienced for interest expenses during those years.

For a prospective franchisee, understanding the franchisor's interest payments can provide insight into the company's debt obligations and financial health. A significant increase in interest payments could indicate higher borrowing or rising interest rates, which might affect Gold Star's profitability and ability to support its franchisees. Conversely, stable or decreasing interest payments could suggest effective debt management.

It's important to note that these figures represent the consolidated cash flow for Gold Star Chili, Inc. itself, and not the financial performance of individual franchise locations. Franchisees will incur their own interest expenses related to loans for startup costs, equipment, or working capital. Reviewing Gold Star's interest payments alongside other financial statements can offer a more comprehensive view of the company's financial stability and risk profile.