What is the total amount of liabilities for Gold Star, as of the date of this financial statement?

According to Gold Star's 2025 Franchise Disclosure Document, the total liabilities for Gold Star Chili, Inc. as of December 31, 2024, is $26,109,395. This figure is derived from the consolidating balance sheet which includes the liabilities of Gold Star Chili, Inc., its subsidiary TCWW, LLC, and its consolidated entity GSC Properties, LLC. The liabilities encompass both current and long-term obligations.

For a prospective franchisee, understanding the liabilities of the franchisor is crucial as it provides insight into the financial stability and health of the company. A high level of liabilities could indicate potential financial strain, which might impact the franchisor's ability to support its franchisees. Conversely, manageable liabilities suggest a stable and well-managed organization.

The total liabilities are a sum of current liabilities such as line of credit, installment notes payable, accounts payable, operating lease liabilities, gift card liability, accrued wages and expenses, and deferred franchise fees, as well as long-term liabilities like line of credit, installment note payable, operating lease liabilities, and deferred franchise fees. These figures are further broken down for each entity (Gold Star Chili, Inc., GSC Properties, LLC, and TCWW, LLC) with eliminations for intercompany transactions to arrive at the consolidated total.

It is important for potential franchisees to review the franchisor's balance sheet and related financial statements to assess the overall financial risk and stability. Consulting with a financial advisor to interpret these statements is advisable to make an informed investment decision.