What was the reported total value of prepaid expenses for Aerus?
Aerus Franchise · 2025 FDDAnswer from 2025 FDD Document
Aerus Franchising Balance Sheet As of March 31, 2025
Cash & Cash Equivalents - 550 - 550 Accounts Receivable 1,230,488 1,230,488 Accounts Receivable - Reserve - 621,173 - 621,173 1915 -Inventory - Consigned 1,717,427 1,717,427 Prepaid Expenses 37,586 37,586 2,363,778 Long Term Receivables 135,602 135,602 Property Plant & Equipment 81,409 Accumulated Depreciation - 81,409 Assets Current Assets Cash Accounts Receivable Accounts Receivable - Reserve Total Cash Total A/R Total A/R - Reserve Inventory Inventory - Reserve Prepaid Expenses Total Inventory Total Prepaid Expenses Total Current Assets Long Term Receivables Total LT Receivables Property Plant & Equipment
Source: Item 23 — Receipts (FDD pages 74–305)
What This Means (2025 FDD)
According to Aerus's 2025 Franchise Disclosure Document, the balance sheet as of March 31, 2025, lists prepaid expenses. The total value of prepaid expenses is reported as $37,586. This figure is part of the broader category of current assets.
Prepaid expenses typically represent payments made in advance for goods or services that will be received in the future, such as insurance premiums or rent. For a prospective Aerus franchisee, understanding the level of prepaid expenses can provide insight into the company's short-term financial obligations and overall financial health.
It's important to note that these financial statements are unaudited, meaning they have not been independently verified by a certified public accountant. Prospective franchisees should be aware of this limitation and consider seeking professional financial advice to fully assess the financial condition of Aerus Franchising, LLC.