What amount was due to affiliates for All Dogs Unleashed, as reported in the balance sheets?
All_Dogs_Unleashed Franchise · 2025 FDDAnswer from 2025 FDD Document
South, Charlotte, NC | 704-726-3717 | | | Simon Palacios1 | 13785 Research Blvd., Austin, TX | 512-963-6017 | | For the year ended December 31, 2024, 2023 and 2022 amortization expense was $14,197, $0 and $0, respectively.
6. Related Party Transactions
Transactions with members
Members of the Company received deposits for initial franchise fees on behalf of the Company. At December 31, 2024 and 2023, the Company had an amount due from members in the
Source: Item 23 — RECEIPTS (FDD pages 49–158)
What This Means (2025 FDD)
According to All Dogs Unleashed's 2025 Franchise Disclosure Document, the company had a payable due to its affiliates of $102,572 as of December 31, 2024, and $101,824 as of December 31, 2023. This amount is unsecured, bears no interest, and is due on demand. These figures reflect the financial obligations All Dogs Unleashed has to its related affiliate entities.
For a prospective franchisee, this indicates the franchisor engages in financial transactions with affiliated companies. Understanding the nature of these transactions and the financial stability of these affiliates could be important for assessing the overall financial health of All Dogs Unleashed. The fact that these payables are due on demand suggests they could be called in at any time, potentially impacting the franchisor's cash flow.
It is common for franchisors to have related-party transactions, but the details of these transactions should be transparent and justifiable. A potential franchisee should inquire about the nature of these transactions, the services or goods provided by the affiliates, and the terms of repayment. This due diligence will help in evaluating the financial risks and benefits associated with investing in an All Dogs Unleashed franchise.