What was the gross value of other 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 intangibles 33 (6) 27 | |
| Total $ 2,167 $ (497) $ 1,670 |
Source: Item 10 — OTHER ASSETS (FDD pages 132–156)
What This Means (2025 FDD)
According to The Standardx's 2025 Franchise Disclosure Document, the gross value of other intangibles is detailed within the broader context of "OTHER ASSETS." The provided table breaks down various intangible assets, offering a glimpse into their valuation. For instance, in one instance, "Other intangibles" are listed with values of 33, a deduction of (6), resulting in a final value of 27. In another instance, the "Other intangibles" are listed as 35, a deduction of (9), resulting in a final value of 26.
These figures represent the initial valuation, amortization, and net value of these specific intangible assets. Intangible assets, unlike physical assets, are non-physical resources that hold economic value for The Standardx. Examples of other intangibles could include patents, trademarks, copyrights, or proprietary technology. These assets are typically amortized over their useful life, reflecting their gradual consumption or obsolescence.
For a prospective franchisee, understanding the nature and value of these "other intangibles" is crucial. It provides insight into the underlying assets that contribute to the overall value and competitive advantage of The Standardx franchise system. While the specific nature of these "other intangibles" isn't detailed, it's essential for potential franchisees to inquire about these assets during their due diligence process. Knowing what these intangibles are and how they contribute to the franchise's success can help in assessing the long-term value and potential return on investment of a The Standardx franchise.