How much did All County spend on the purchase of property and equipment in 2023?
All_County Franchise · 2025 FDDAnswer from 2025 FDD Document
| Year 2024 | Year 2023 | Year 2022 | ||
|---|---|---|---|---|
| CASH FLOWS FROM OPERATING ACTIVITIES | ||||
| Net Income (Loss) | $ 448,390 | $ 271,100 | $ 216,956 | |
| Adjustments to reconcile Net Income (Loss) | to net cash provided (used) by operating activities: | |||
| Depreciation | 21,008 | 1,399 | - | |
| (Increase) decrease in: | ||||
| Accounts & Commisisons Receivable | 48,602 | 49,917 | (51,911) | |
| National Ad Fund Account | 15,512 | 18,686 | - | |
| Prepaid Expenses | - | - | 15,126 | |
| Note Payable | 49,227 | - | - | |
| Accounts Payable | (77,617) | 115,454 | 9,008 | |
| Accrued Interest due to Stockholders | (1,698) | - | - | |
| Deferred Revenue | - | - | - | |
| Net cash provided by operating activities | 503,424 | 456,556 | 189,179 | |
| CASH FLOWS FROM INVESTING ACTIVITIES | ||||
| Purchase of property and equipment | (49,227) | (45,606) | (1,010) | |
| Net cash provided by investing activities | (49,227) | (45,606) | (1,010) |
Source: Item 22 — Contracts (FDD page 43)
What This Means (2025 FDD)
According to All County's 2025 Franchise Disclosure Document, the company spent $45,606 on the purchase of property and equipment in 2023. This figure is part of the cash flow from investing activities reported in the financial statements. Reviewing these expenditures can provide insight into All County's investment strategy and capital allocation decisions.
For a prospective franchisee, understanding these figures is crucial for assessing the financial health and stability of All County. Significant investments in property and equipment could indicate growth and expansion, while lower amounts might suggest a focus on other areas of the business. It is important to note that these figures reflect All County's corporate level spending and may not directly correlate with the investments required by individual franchisees to set up their own All County franchise.
It is also worth noting the trend in these expenditures over the three years presented in the FDD. In 2022, All County spent $1,010, which increased to $45,606 in 2023, and then decreased to $49,227 in 2024. Analyzing these trends can help potential franchisees understand the company's investment patterns and how they might impact the support and resources available to franchisees. Prospective franchisees should consider discussing these trends with All County to gain a better understanding of their implications.
Overall, the information provides a glimpse into All County's financial management and investment decisions. While this data is historical, it can inform a franchisee's understanding of the company's approach to growth and resource allocation. A potential franchisee should consider this information in conjunction with other aspects of the FDD and discussions with existing franchisees to form a comprehensive view of the All County franchise opportunity.