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What was the total amount of cash and cash equivalents held by All County in 2022?

All_County Franchise · 2025 FDD

Answer from 2025 FDD Document

ults of its operations and its cash flows for the years then ended in conformity with accounting principles generally accepted in the United States of America

Joe Teston CPA Advisors St. Petersburg, Florida January 28, 2025

Joe Teston CPA Advisors

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Source: Item 22 — Contracts (FDD page 43)

What This Means (2025 FDD)

According to All County's 2025 Franchise Disclosure Document, the company's cash and cash equivalents totaled $66,131 in 2022. This figure represents the amount of readily available funds All County had on hand at the end of that year. Cash and cash equivalents are defined in the notes to the financial statements as demand deposits, time deposits, certificates of deposit, and highly liquid assets with initial maturities of three months or less.

For a prospective franchisee, this number provides insight into the financial health and liquidity of All County. A higher number suggests greater financial stability and the ability to meet short-term obligations. Conversely, a lower number may indicate potential financial constraints. It is important to note that this is just one data point and should be considered alongside other financial metrics and industry benchmarks when evaluating the overall financial condition of All County.

Franchisees should consider this amount in relation to All County's overall revenues, expenses, and liabilities to gain a comprehensive understanding of the company's financial position. Comparing this figure to previous years and to similar companies in the property management franchise sector can also provide valuable context. Additionally, potential franchisees may want to inquire about All County's cash management strategies and future financial projections to assess the sustainability of their financial performance.

Disclaimer: This information is extracted from the 2025 Franchise Disclosure Document and is provided for research purposes only. It does not constitute legal or financial advice. Consult with a franchise attorney before making any investment decisions.