What are the total minimum lease payments for Hawthorn Suites By Wyndham?
Hawthorn_Suites_By_Wyndham Franchise · 2025 FDDAnswer from 2025 FDD Document
-------|----| | Assets | | | | | | | Operating lease assets | Other non-current assets | $ | 10 | $ | 10 | | Finance lease assets | Property and equipment, net | | — | | 22 | | Total lease assets | | $ | 10 | $ | 32 | | | | | | | | | Liabilities | | | | | | | Current | | | | | | | Operating lease liabilities | Accrued expenses and other current liabilities | $ | 3 | $ | 4 | | Finance
Source: Item 23 — RECEIPTS (FDD pages 92–402)
What This Means (2025 FDD)
According to Hawthorn Suites By Wyndham's 2025 Franchise Disclosure Document, the total minimum lease payments are $10. This figure is derived from a schedule that also outlines lease payments for the years 2025 through 2028.
The schedule further breaks down the total minimum lease payments by subtracting the amount representing interest, which is $1, resulting in a present value of future minimum lease payments of $9. Additionally, the schedule deducts current obligations under leases, amounting to $3, to arrive at long-term lease obligations of $6.
This information is crucial for prospective Hawthorn Suites By Wyndham franchisees as it provides a clear picture of the financial obligations associated with leasing. Understanding these lease payment obligations is essential for budgeting and financial planning. Franchisees should carefully review this schedule and consider these figures when assessing the overall financial feasibility of investing in a Hawthorn Suites By Wyndham franchise.