What was the reported operating lease cost for Jack In The Box in 2022?

According to Jack In The Box's 2025 Franchise Disclosure Document, specific operating lease costs are not explicitly detailed within the provided financial statements. However, the document does include a line item for "Amortization of favorable and unfavorable leases and subleases, net." In 2022, this figure was reported as $1,120. This number reflects the amortization of lease-related items, not the total operating lease costs.

Prospective franchisees should note that operating lease costs, which can include rent and related expenses for the restaurant location, are a significant expense. While the amortization of leases is disclosed, the total operating lease costs are not broken out in this section. This makes it difficult to assess the full financial impact of lease obligations based solely on this table.

To gain a comprehensive understanding of lease-related expenses, a potential Jack In The Box franchisee should inquire with the franchisor about the typical range of operating lease costs for a new franchise location. Further investigation should also be done to understand what factors contribute to favorable or unfavorable lease terms and how these amortized amounts impact the overall profitability of a franchise.

Understanding the full scope of operating lease obligations is crucial for accurate financial planning and assessing the viability of a Jack In The Box franchise. Therefore, prospective franchisees should seek clarification and detailed information regarding these costs from Jack In The Box during their due diligence process.