What were the cash and cash equivalents for Afuri Ramen Dumpling?
Afuri_Ramen_Dumpling Franchise · 2024 FDDAnswer from 2024 FDD Document
Cash and cash equivalents – For purposes of the statement of cash flows, the Company considers all highly-liquid investments with original maturities of three months or less to be cash equivalents.
Source: Item 23 — Receipts (FDD pages 50–189)
What This Means (2024 FDD)
I am unable to provide the cash and cash equivalents for Afuri Ramen Dumpling, as this information was not present in the provided excerpts from the 2024 Franchise Disclosure Document. The excerpts do contain the definition of 'cash and cash equivalents' as 'all highly liquid investments with original maturities of three months or less'.
To get an answer, a prospective franchisee should carefully review the complete financial statements within Item 23 of the FDD. If the specific figures are not present, they should ask the franchisor directly for the cash and cash equivalents on the balance sheet for the past three years.
Understanding the trend in Afuri Ramen Dumpling's cash position is crucial for assessing the company's financial stability and ability to support its franchisees. A healthy cash balance indicates the franchisor's capacity to invest in system-wide improvements, marketing, and franchisee support.