What was the net cash used for investing activities for Aunt Millies Bakeries in 2024?
Aunt_Millies_Bakeries Franchise · 2025 FDDAnswer from 2025 FDD Document
| 2024 | 2023 | |||
|---|---|---|---|---|
| Cash flows from investing activities | ||||
| Capital expenditures | (9,556,478) | (6,639,634) | ||
| Investment purchases | (2,775,859) | - | ||
| Payments received from notes receivable | (800,603) | 711,589 | ||
| Proceeds received from sale of property | 218,559 | _ | 310,028 | |
| Net cash used for investing activities | (12,914,381) | (5,618,017) |
Source: Item 23 — RECEIPT (FDD pages 44–196)
What This Means (2025 FDD)
According to Aunt Millies Bakeries' 2025 Franchise Disclosure Document, the net cash used for investing activities in 2024 was $(12,914,381). This figure represents the total cash outflow resulting from investments made by the company during that year.
Specifically, this net cash outflow includes capital expenditures of $(9,556,478), investment purchases of $(2,775,859), and payments received from notes receivable of $(800,603). However, it is offset by proceeds received from the sale of property totaling $218,559. These activities provide insight into how Aunt Millies Bakeries allocated its financial resources in 2024.
For a prospective franchisee, understanding these figures is crucial as it reflects the financial health and investment strategies of Aunt Millies Bakeries. Significant investments could indicate growth and expansion, while large cash outflows might warrant further investigation into the company's financial stability and long-term plans. Therefore, reviewing these cash flow statements can aid potential franchisees in assessing the overall risk and opportunities associated with investing in an Aunt Millies Bakeries franchise.