What is the estimated amortization of loan closing costs 'Thereafter' for Gold Star franchises?

According to the 2025 Gold Star Franchise Disclosure Document, the company amortizes loan closing costs over the life of the debt using the straight-line method. The FDD provides information on the amortization of these costs for specific periods. For the years ending December 31, 2024, 2023, and 2022, the amortization was $13,492, $13,146, and $12,973, respectively.

In addition to the historical data, the 2025 FDD includes an estimated amortization schedule for the subsequent five years and thereafter. This forward-looking estimate is crucial for prospective franchisees as it helps in forecasting expenses related to loan closing costs over the long term. Understanding the amortization schedule allows franchisees to better manage their finances and plan for future expenditures.

The estimated amortization schedule provides a clearer picture of the financial obligations beyond the initial years of operation. By reviewing this schedule, potential Gold Star franchisees can assess the long-term impact of loan closing costs on their profitability and cash flow. This information is essential for making informed decisions about financing and managing the overall financial health of the franchise.

It is important for prospective franchisees to carefully review the amortization schedule and consider how it aligns with their financial projections and business plans. Understanding the timing and amount of these expenses can help franchisees avoid potential financial challenges and ensure the long-term success of their Gold Star franchise.