What were Angry Chickz's total current assets as of December 31, 2024?

According to Angry Chickz's 2025 Franchise Disclosure Document, the company's total current assets as of December 31, 2024, were $196,851. This figure is comprised of cash, receivables and other current assets, and the current portion of contract assets. The cash component was $187,344, receivables and other current assets totaled $8,507, and the current portion of contract assets was $1,000.

For a prospective franchisee, understanding the current assets of Angry Chickz Franchising, LLC provides insight into the company's short-term financial health and liquidity. Current assets are those that can be readily converted into cash within a year, indicating the company's ability to meet its short-term obligations. A higher value of current assets relative to current liabilities generally suggests a stronger financial position.

In comparison to the previous year, December 31, 2023, Angry Chickz's total current assets were $100,000. This indicates a significant increase in current assets year-over-year. The increase is primarily due to a rise in cash, as receivables and contract assets remained at $0 in 2023. This growth could be attributed to increased franchise sales, royalties, or other revenue streams.

It's important for potential franchisees to consider these figures in conjunction with the company's liabilities and overall financial performance. While a healthy level of current assets is a positive sign, it should be evaluated alongside other financial metrics to gain a comprehensive understanding of Angry Chickz's financial stability and growth potential.