What was the amount of the common stock, voting, for Aunt Millies Bakeries as of September 30, 2023?
Aunt_Millies_Bakeries Franchise · 2025 FDDAnswer from 2025 FDD Document
------------|---------------------------------------------------------|--------------------------------------------|----------------------------| | Retained | (Accumulated Deficit) | 2,515,210 (5,256,940) | • | _ | (2,751,414) | 14, 199,097 | (4,946,915) | $ 6,501,368 | | Earnings | | | | (9,684) | | | | | | Accumulated | prehensive | 993,393 | (458,749) | 307,182 | 841,826 | 556,711
Source: Item 23 — RECEIPT (FDD pages 44–196)
What This Means (2025 FDD)
According to Aunt Millies Bakeries' 2025 Franchise Disclosure Document, the amount of voting common stock as of September 30, 2023, was $15,703. The FDD also notes that the voting common stock had 31,406 shares authorized at that date.
This information is part of the consolidated financial statements of Perfection Bakeries, Inc., which includes Aunt Millie's Bakeries. The common stock, both voting and non-voting, has no par value.
For a prospective franchisee, this indicates the book value of the company's equity and capital structure at that time. It's a snapshot of the company's capitalization and can be used by potential investors or franchisees to assess the financial health and structure of Aunt Millies Bakeries.