What was the net loss for 7 Brew as of December 25, 2022?
7_Brew Franchise · 2025 FDDAnswer from 2025 FDD Document
(2,563,076) |
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| Member's equity at December 26, 2021 | $ 389,843 |
|---|---|
| Net loss | (2,563,076) |
| Member's deficit at December 25, 2022 | (2,173,233) |
| Net income | 1,560,891 |
| Member's deficit at December 31, 2023 | (61 |
Source: Item 21 — FINANCIAL STATEMENTS (FDD page 82)
What This Means (2025 FDD)
According to 7 Brew's 2025 Franchise Disclosure Document, the company experienced a net loss of $2,563,076 as of December 25, 2022. This figure is part of the broader financial overview presented in the document, which also includes the member's equity at December 26, 2021, and the member's deficit at December 25, 2022. These figures provide a snapshot of the company's financial health over a period of time.
It's important to note that this net loss is a specific data point within a larger set of financial statements. Prospective franchisees should consider this loss in the context of 7 Brew's overall financial performance, including subsequent periods where the company reported net income. Analyzing trends in profitability and equity can offer a more comprehensive understanding of the franchise's financial stability and growth potential.
Furthermore, the FDD includes an independent auditor's report, which offers an opinion on the fairness of the financial statements. This report indicates that the financial statements are presented fairly in accordance with accounting principles generally accepted in the United States of America. This adds a layer of assurance regarding the reliability of the financial information presented. A potential franchisee should review the complete audited financial statements and consult with a financial advisor to fully understand the implications of the net loss and other financial data presented in the FDD.