What was the amount due from franchisees to Aw at the end of 2022?
Aw Franchise · 2025 FDDAnswer from 2025 FDD Document
during the audit.
Muhammad Zubairy, CPA PC Westbury, NY June 6, 2024
BALANCE SHEETS RAYYAN PIZZA FRANCHISE LLC
| ASSETS | ||
|---|---|---|
| YEARS ENDED DECEMBER 31 | ||
| 2023 | 2022 | |
| Assets | ||
| Cash |
Source: Item 21 — FINANCIAL STATEMENTS (FDD page 39)
What This Means (2025 FDD)
According to Aw's 2025 Franchise Disclosure Document, the amount due from franchisees to Aw at the end of 2022 was $1,226. This figure represents the outstanding balance that Aw's franchisees owed to the company as of December 31, 2022.
For a prospective franchisee, this indicates the level of financial interaction and potential debt owed to Aw by its franchisees. It's a snapshot of the receivables Aw had from its franchise network at that specific point in time. This amount can fluctuate based on various factors such as payment terms, sales performance, and the financial health of individual franchise locations.
It's important to note that this is just one point-in-time snapshot. To gain a better understanding, a prospective franchisee should analyze these figures over several years to identify trends and assess the overall financial stability of the franchise system. Additionally, understanding the terms and conditions under which these amounts become due is crucial for assessing the potential financial obligations as a franchisee.