What was the total amount of accounts receivable for Afuri Ramen Dumpling in the prior year?

According to Afuri Ramen Dumpling's 2024 Franchise Disclosure Document, the financial statements include information about accounts receivable. Specifically, Note 5 within the financial statements mentions that as of December 31, 2021, four franchisees accounted for 93% of the accounts receivable balance, and in 2020, four franchisees accounted for 100% of the accounts receivable balance.

This indicates a concentration of risk with a small number of franchisees representing the majority of outstanding receivables. For a prospective Afuri Ramen Dumpling franchisee, this highlights the importance of the financial health and stability of other franchisees within the system, as their ability to pay directly impacts the franchisor's financial position. Understanding the payment patterns and financial standing of key franchisees could be a crucial aspect of assessing the overall risk and stability of the franchise system.

However, the specific total dollar amount of accounts receivable for either year (2021 or 2020) is not disclosed in this excerpt. A prospective franchisee would need to review the full audited financial statements within the FDD to determine the actual value of these accounts receivable and assess the overall financial health of Afuri Ramen Dumpling.