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Leases (Tables) | 12 Months Ended
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Dec. 31, 2024
Leases [Abstract] |
Schedule of future minimum rental payments for operating leases | As of December 31, 2024, maturities of lease liabilities under existing operating leases are:
|  | Restaurant |  | Other |  | Total
2025 |  | $ | 143,038 |  |  | $ | 6,543 |  |  | $ | 149,581 |
2026 |  | 137,148 |  |  | 5,924 |  |  | 143,072 |
2027 |  | 132,523 |  |  | 4,851 |  |  | 137,374 |
2028 |  | 128,448 |  |  | 2,221 |  |  | 130,669 |
2029 |  | 123,296 |  |  | 1,289 |  |  | 124,585 |
Thereafter |  | 1,183,069 |  |  | 6,619 |  |  | 1,189,688 |
Total lease payments |  | $ | 1,847,522 |  |  | $ | 27,447 |  |  | $ | 1,874,969 |
Lease discount |  |  |  |  |  | (933,531) |
Operating lease liability |  |  |  |  |  | $ | 941,438 |
Schedule of components of lease cost | The following table is a summary of the Company’s components of lease cost for fiscal years 2024, 2023 and 2022:
Lease Expense | Statements of Income Location |  | 2024 |  | 2023 | 2022
Operating lease expense - Minimum rentals: |  |  |  |  |
Company-operated restaurants |  | Occupancy and other operating expenses |  | $ | (139,265) |  |  | $ | (131,613) |  | $ | (117,723) |
Franchised restaurants |  | Franchised restaurants - occupancy expenses |  | (47,096) |  |  | (47,975) |  | (44,656) |
General and administrative |  | General and administrative expenses |  | (8,824) |  |  | (8,472) |  | (6,746) |
Subtotal |  |  |  | (195,185) |  |  | (188,060) |  | (169,125) |
Variable lease expense - Contingent rentals based on sales: |  |  |  |  |
Company-operated restaurants |  | Occupancy and other operating expenses |  | (44,676) |  |  | (46,861) |  | (36,322) |
Franchised restaurants |  | Franchised restaurants - occupancy expenses |  | (17,117) |  |  | (15,603) |  | (10,810) |
Subtotal |  |  |  | (61,793) |  |  | (62,464) |  | (47,132) |
Total lease expense |  |  | $ | (256,978) |  |  | $ | (250,524) |  | $ | (216,257) |
Other information |  |  | 2024
Weighted-average remaining lease term (years) |  |
Operating leases |  |  |  | 9
Weighted-average discount rate |  |
Operating leases |  |  |  | 6.5%
Supplemental cash flow information related to leases was as follows:
|  |  |  | 2024 |  | 2023 |  | 2022
Cash paid for the amounts included in the measurement of lease liabilities: |  |
Operating cash flows from operating leases | $ | 152,267 |  |  | $ | 146,816 |  |  | $ | 132,452 |
Financing cash flows from finance leases |  | 1,269 |  |  | 1,031 |  |  | 816 |
Lease right-of-use asset obtained in exchange for lease obligations: |  |
Operating leases |  |  |  | $ | 197,477 |  |  | $ | 135,893 |  |  | $ | 91,350 |
Finance leases |  |  |  | 3,075 |  |  | 4,022 |  |  | — |

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- Definition Tabular disclosure of lessee's lease cost. Includes, but is not limited to, interest expense for finance lease, amortization of right-of-use asset for finance lease, operating lease cost, short-term lease cost, variable lease cost and sublease income. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 842 -SubTopic 20 -Name Accounting Standards Codification -Section 50 -Paragraph 4 -Publisher FASB -URI https://asc.fasb.org/1943274/2147478964/842-20-50-4 + Details
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- Definition Tabular disclosure of undiscounted cash flows of lessee's operating lease liability. Includes, but is not limited to, reconciliation of undiscounted cash flows to operating lease liability recognized in statement of financial position. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 842 -SubTopic 20 -Name Accounting Standards Codification -Section 50 -Paragraph 6 -Publisher FASB -URI https://asc.fasb.org/1943274/2147478964/842-20-50-6 + Details
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