factual

What is the amortization period range for reacquired rights for a Jersey Mikes franchise?

Jersey_Mikes Franchise · 2025 FDD

Answer from 2025 FDD Document

Estimated future amortization for the next five years and thereafter as of December 31, 2024, is as follows:

Source: Item 22 — CONTRACTS (FDD page 77)

What This Means (2025 FDD)

According to Jersey Mike's 2025 Franchise Disclosure Document, the estimated future amortization for services due from the manager related party for the next five years and thereafter is disclosed as of December 31, 2024. This relates to assets contributed upon closing of Securitization Transactions and deferred franchise fees.

While the specific amortization amounts are not detailed in this excerpt, the document indicates that future amortization is estimated for the next five years and beyond. This suggests that the amortization period extends beyond five years, but the exact upper limit is not specified in this section.

A prospective franchisee should inquire with Jersey Mike's to obtain a detailed breakdown of the amortization schedule, including the specific amounts amortized each year and the total amortization period. Understanding the amortization schedule is crucial for assessing the financial obligations and potential returns associated with the franchise.

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.