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What is the right of use asset - operating leases value for TCWW, LLC?

Gold_Star Franchise · 2025 FDD

Answer from 2025 FDD Document

| Other Assets | | | | | | | | Right of Use Asset - Operating Leases | | 9,246,018 | _ | 1,846,237 | _ | | 11,092,255 |

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

What This Means (2025 FDD)

According to Gold Star's 2025 Franchise Disclosure Document, the Right of Use Asset - Operating Leases for TCWW, LLC is valued at $1,846,237. This figure represents the company's rights to use leased assets, specifically operating leases, as of a particular date, which is likely December 31, 2024, based on the context of the provided financial statements.

For a prospective Gold Star franchisee, understanding the Right of Use Asset is crucial because it reflects the value of the properties and equipment TCWW, LLC leases to operate its business. These assets are essential for running the franchise, and their valuation impacts the overall financial health and obligations of the company. The operating leases represent long-term commitments, and the associated liabilities will affect the company's cash flow and profitability.

It's important to note that this value is part of a larger balance sheet that includes other assets and liabilities for Gold Star Chili, Inc., GSC Properties, LLC, and TCWW, LLC. The consolidated figures provide a comprehensive view of the financial position of the entire organization. Franchisees should consider this value in the context of the overall financial performance and stability of TCWW, LLC, as it directly relates to the operational infrastructure of the business.

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.