What were the total assets for Antioch Pizza Shop in 2024?
Antioch_Pizza_Shop Franchise · 2025 FDDAnswer from 2025 FDD Document
t (FDD) and is not intended to be, and should not be, used or relied upon for any other purpose.
St. George, Utah March 17, 2025
BALANCE SHEETS
As of December 31, 2024, 2023, and 2022
| 2024 | 2023 | 2022 | ||||
|---|---|---|---|---|---|---|
| Assets | ||||||
| Current assets | ||||||
| Cash and cash equivalents | $ | 237,291 | $ | 75,685 | $ | 126,781 |
| Accounts receivable | 22,400 | - | - | |||
| Inventory | 7,6 |
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 total assets in 2024 were $276,306. The FDD also provides a breakdown of the company's assets, including cash and cash equivalents, accounts receivable, inventory, and deferred commissions.
Specifically, Antioch Pizza Shop's cash and cash equivalents totaled $237,291, accounts receivable were $22,400, inventory was $7,650, and deferred commissions amounted to $8,965. These individual asset categories sum up to the total current assets, which also equals the total assets of $276,306 for the year 2024.
Prospective franchisees can use this information to assess the financial health and stability of Antioch Pizza Shop. Reviewing the assets alongside liabilities and equity can provide a more comprehensive understanding of the company's financial position. Comparing these figures with previous years (2023 and 2022 data is also provided) can reveal trends and potential areas of growth or concern.