What is the total value of Amerispec Inspection Services' prepaid expenses and other current assets?
Amerispec_Inspection_Services Franchise · 2025 FDDAnswer from 2025 FDD Document
nd timing of the audit, significant audit findings, and certain internal control-related matters that we identified during the audit.
Birmingham, Alabama April 30, 2025
TCB Services HoldCo, LLC and Subsidiaries Consolidated Balance Sheets December 31, 2024 and 2023
| 2024 | 2023 As Restated | |
|---|---|---|
| ASSE |
Source: Item 23 — Receipts (FDD pages 47–172)
What This Means (2025 FDD)
According to Amerispec Inspection Services's 2025 Franchise Disclosure Document, the value of prepaid expenses and other current assets is detailed in the company's balance sheets. In 2024, the reported value for prepaid expenses and other current assets was $337,782. In 2023, as restated, the corresponding value was $190,172.
These figures reflect the company's financial position at the end of each respective year. Prepaid expenses typically include items like insurance premiums or rent that have been paid in advance, while other current assets can encompass a variety of short-term assets.
A prospective franchisee might find this information useful for understanding the financial health and operational scale of Amerispec Inspection Services. Comparing these values over time can indicate trends in the company's management of its assets and liabilities. It's also important to note that these figures are part of the overall financial picture and should be considered alongside other financial metrics.