What was the total value of Kitchen Solvers' equipment and fixtures in 2022?
Kitchen_Solvers Franchise · 2025 FDDAnswer from 2025 FDD Document
| Balance Sheets | ||||||
|---|---|---|---|---|---|---|
| December 31, 2024, 2023, and 2022 | ||||||
| Assets | 2024 | 2023 | 2022 | |||
| Property and equipment: | ||||||
| Equipment and fixtures | 34,201 | 34,201 | 34,201 |
Source: Item 23 — Receipts (FDD pages 49–190)
What This Means (2025 FDD)
According to Kitchen Solvers' 2025 Franchise Disclosure Document, the value of equipment and fixtures in 2022 was $34,201. This figure represents the original cost of the equipment and fixtures that Kitchen Solvers owned at that time, before accounting for any depreciation.
For a prospective franchisee, this indicates the level of investment Kitchen Solvers itself has made in these types of assets. It is important to note that this value does not reflect the potential cost a new franchisee might incur to acquire similar equipment and fixtures today. Prices may have changed due to inflation, technological advancements, or other market factors.
Furthermore, the figure does not detail the specific types of equipment and fixtures included. A potential franchisee would need to investigate further to determine what specific assets are included under this category and whether they would need to purchase similar items to operate their own Kitchen Solvers franchise. It would be prudent to discuss with Kitchen Solvers the typical equipment and fixture requirements for a new franchise and the estimated costs to acquire them.