What was the gross value of customer relationship intangibles for The Standardx?
The_Standardx Franchise · 2025 FDDAnswer from 2025 FDD Document
| Management and hotel services agreement and franchise agreement intangibles | $ 906 $ (248) $ 658 |
|---|---|
| Brand and other indefinite-lived intangibles 608 — 608 | |
| Customer relationships intangibles | 620 (243) 377 |
| Other intangi |
Source: Item 10 — OTHER ASSETS (FDD pages 132–156)
What This Means (2025 FDD)
According to The Standardx's 2025 Franchise Disclosure Document, the value of customer relationship intangibles is detailed in Item 10, under "OTHER ASSETS." The provided tables show customer relationship intangibles valued at $620 with a deduction of $243 resulting in a net of $377 in one instance. In another instance, the customer relationship intangibles are valued at $410 with a deduction of $153 resulting in a net of $257. These figures represent the gross value, deductions, and the resulting net value of customer relationship intangibles as assessed by The Standardx.
These values are important for prospective franchisees as they reflect the financial assessment of The Standardx's customer base and relationships. Intangible assets like customer relationships are crucial for business valuation and can influence investor confidence. Understanding these values helps a franchisee gauge the strength and stability of The Standardx's brand and customer loyalty.
It is important to note that these values are subject to change and are based on specific accounting methods and assumptions made by The Standardx. A potential franchisee should consult with a financial advisor to fully understand the implications of these intangible assets and how they might affect the overall financial health and future prospects of the franchise.