What is the amount of intangibles subject to amortization for Gold Star in the third column?
Gold_Star Franchise · 2025 FDDAnswer from 2025 FDD Document
-----------------|-----|---------------------------------|------------------------------------| | | | 2024 | _ | 2023 | 2022 | | Raw Materials | $ | 226,478 | $ | 182,746 | $ 194,633 | | Store Inventory | | 139,379 | | 113,591 | 98,371 | | Finished Goods | | 642,217 | | 1,194,876 | 843,951 | | | $_ | 1,008,074 | $_ | 1,491,213 | $ 1,136,955 |
NOTE 6 - GOODWILL
Changes in the carrying amount of goodwill are summarized in the following table:
| Balance, January
Source: Item 23 — Receipts (FDD pages 53–163)
What This Means (2025 FDD)
According to Gold Star's 2025 Franchise Disclosure Document, the table summarizing brokerage fees and design costs subject to amortization includes a column with a blank entry for "Intangibles Subject to Amortization." This column is the third one in the provided table.
This means that for the period represented by that column, Gold Star did not have any recorded expenses for intangibles subject to amortization. Intangible assets are non-physical assets like patents, trademarks, and goodwill, which are amortized (expensed) over their useful life.
For a prospective franchisee, this information provides insight into the types of intangible assets Gold Star values and amortizes. The table also shows the amounts in other periods, which can help a franchisee understand how these costs can fluctuate. It is important to note that this table only covers brokerage fees and design costs, and there may be other intangible assets not listed here.