What is the total value of The Standardx's franchise agreement assets constituting payments to customers?
The_Standardx Franchise · 2025 FDDAnswer from 2025 FDD Document
| ASSETS | |
|---|---|
| CURRENT ASSETS: | |
| Cash and cash equivalents | $ 112,484 |
| Receivables, net of allowance of $6,821,037 | 8,065,116 |
| Total current assets | 8,177,600 |
| Franchise agreement assets constituting payments to customers | 144,822,971 |
| Franchise agreement intangibles, net | 5,680,345 |
| Deferred tax assets | 609,930 |
| TOTAL ASSETS | $ 159,290,846 |
| LIABILITIES AND MEMBER'S EQUITY | |
| CURRENT LIABILITIES: | |
| Accounts payable and accrued expenses | $ 95,719 |
| Current contract liabilities | 329,024 |
| Total current liabilities | 424,743 |
| Long-term contract liabilities | 10,337,886 |
| Total liabilities | 10,762,629 |
| MEMBER'S EQUITY | 148,528,217 |
| TOTAL LIABILITIES |
Source: Item 18 — OTHER INCOME (LOSS), NET (FDD pages 187–399)
What This Means (2025 FDD)
According to The Standardx's 2025 Franchise Disclosure Document, the company's franchise agreement assets constituting payments to customers total $144,822,971. This figure represents the cumulative value of assets related to franchise agreements that are specifically attributed to payments made to customers.
For a prospective franchisee, this number provides insight into how The Standardx manages its financial obligations and assets related to its franchise agreements. It indicates a substantial investment or allocation of resources towards customer-related payments within the franchise system. This could include various forms of incentives, rebates, or other financial arrangements designed to attract and retain customers.
It is important for potential franchisees to understand the nature of these payments and how they impact the overall financial health and stability of The Standardx. Further due diligence, including a review of the complete financial statements and discussions with existing franchisees, is advisable to fully assess the implications of this figure.