What was the total amount of current assets for All Dogs Unleashed as of December 31, 2024?
All_Dogs_Unleashed Franchise · 2025 FDDAnswer from 2025 FDD Document
nts, considered in the aggregate, that raise substantial doubt about ADU Franchise limited liability company's ability to continue as a going concern for a reasonable period of time.
We are required to communicate with those charged with governance regarding, among other matters, the planned scope and timing of the audit, significant audit findings, and
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's total current assets as of December 31, 2024, were $258,484. This figure represents the sum of cash and cash equivalents ($223,010), unbilled revenue ($28,537), prepaid expenses ($5,937), and deferred costs ($1,000).
Understanding the composition of current assets is crucial for prospective franchisees. Cash and cash equivalents represent the most liquid assets readily available to meet short-term obligations. Unbilled revenue reflects income earned but not yet invoiced, while prepaid expenses are payments made in advance for goods or services. Deferred costs are expenditures that are expected to benefit future periods.
For a potential All Dogs Unleashed franchisee, this information provides insight into the company's short-term financial health and its ability to manage its immediate liabilities. A healthy level of current assets suggests that All Dogs Unleashed is capable of meeting its ongoing financial obligations and investing in future growth.
It is also useful to compare these figures with those from the previous year (2023), where total current assets were $293,318. The decrease in total current assets from 2023 to 2024 could indicate changes in the company's financial management or business operations, which a prospective franchisee may want to explore further during their due diligence.