What was the amount of deferred revenue for Afuri Ramen Dumpling in 2021?

According to Afuri Ramen Dumpling's 2024 Franchise Disclosure Document, the company records deferred revenue when it has not yet fulfilled its performance obligation for training services and for initial franchise fees collected but recognized over the course of the agreement. However, the specific amount of deferred revenue for 2021 is not disclosed in the provided excerpts.

While the FDD discusses the general accounting practices regarding deferred revenue, it does not provide the actual figures for deferred revenue in 2021. This information would typically be found in the financial statements, which are part of Item 23.

A prospective Afuri Ramen Dumpling franchisee should inquire with the franchisor about the specific deferred revenue amounts for 2021 to gain a clearer understanding of the company's financial status and revenue recognition practices. This information can be crucial in assessing the financial health and stability of the franchise system.