What was the cash and cash equivalents amount for Antioch Pizza Shop in 2023?
Antioch_Pizza_Shop Franchise · 2025 FDDAnswer from 2025 FDD Document
uires management to make estimates and assumptions that affect the reported amounts and disclosures. Actual results could differ from those estimates.
(d) Cash and Cash Equivalents
Cash equivalents include all highly liquid investments with maturi
Source: Item 21 — Financial Statements (FDD page 56)
What This Means (2025 FDD)
According to Antioch Pizza Shop's 2025 Franchise Disclosure Document, the company's cash and cash equivalents as of December 31, 2023, were $75,685. Cash equivalents are defined as highly liquid investments with maturities of three months or less at the date of purchase. This figure represents the amount of readily available funds the company had at its disposal at the end of that year.
For a prospective franchisee, understanding the franchisor's cash position can be important. A healthy cash balance suggests financial stability and the ability to support franchisees. However, it is essential to consider this figure in the context of the company's overall financial health, including its liabilities and revenue streams.
It's also worth noting that the Antioch Pizza Shop maintains its cash in bank deposit accounts, which at times may exceed federally insured limits. While the company states it has not experienced any losses in such accounts and believes it is not exposed to any significant credit risks on cash or cash equivalents, franchisees should be aware of this practice and its potential implications.