What was the value of Kitchen Solvers' equipment and fixtures in 2022?

According to Kitchen Solvers' 2025 Franchise Disclosure Document, the value of the company's equipment and fixtures in 2022 was $34,201. This figure represents the historical cost of these assets before accounting for any depreciation. It's important to note that this value reflects the company's assets at the corporate level and not necessarily the investment a new franchisee would need to make in equipment and fixtures.

For a prospective Kitchen Solvers franchisee, understanding the parent company's asset values provides insight into the overall financial structure of the organization. However, it is more relevant for a franchisee to focus on the initial investment costs outlined in Item 7 of the FDD, which details the estimated expenses for setting up and operating a franchise. These costs would include equipment, fixtures, and other necessary items to run the business.

It is also important to consider that the equipment and fixtures are subject to depreciation over time, as reflected in the financial statements. The accumulated depreciation for these assets is subtracted from their original cost to arrive at the net book value. Reviewing the depreciation methods and useful lives assigned to these assets can provide further insight into the company's accounting practices and the potential lifespan of its equipment. Franchisees should inquire about recommended or required equipment packages and their associated costs to accurately assess their initial investment and ongoing operational expenses.