How much did Amerispec Inspection Services receive in payments on notes receivable in 2024?
Amerispec_Inspection_Services Franchise · 2025 FDDAnswer from 2025 FDD Document
| 2024 | 2023 As Restated | |
|---|---|---|
| Investing Activities | ||
| Acquisitions | (3,098,429) | (25,646,102) |
| Purchases of property and equipment | (470,883) | - |
| Capitalized software development costs | (24,225) | - |
| Payments received on notes receivable | 119,485 | 116,016 |
| Net Cash Used in Investing Activities | (3,474,052) | (25,530,086) |
Source: Item 23 — Receipts (FDD pages 47–172)
What This Means (2025 FDD)
According to Amerispec Inspection Services's 2025 Franchise Disclosure Document, the company received $119,485 in payments on notes receivable during 2024. This figure is part of the cash flow statement under Investing Activities. For a prospective franchisee, understanding the cash flow statement is crucial as it provides insights into how the company manages its cash, including inflows from notes receivable, which are essentially loans the company has extended and is collecting on.
This inflow from notes receivable contributes to the overall financial health of Amerispec Inspection Services. It's important to note that while this represents cash coming in, it's offset by other cash outflows in the investing activities section, such as acquisitions and purchases of property and equipment. The net cash used in investing activities for 2024 was $(3,474,052), indicating that the company invested significantly more than it received in this area.
For a potential franchisee, this information is relevant in assessing the financial stability and investment strategies of Amerispec Inspection Services. While the $119,485 received from notes receivable is a positive sign, it's essential to consider it within the context of the company's broader financial activities and overall cash flow management.