What was the ending cash balance for Aw at the end of 2023?
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 | | | |--------------------------------
Source: Item 21 — FINANCIAL STATEMENTS (FDD page 39)
What This Means (2025 FDD)
According to Aw's 2025 Franchise Disclosure Document, the ending cash balance at the end of 2023 was $4,705. This figure represents the amount of cash Aw had on hand as of December 31, 2023, after accounting for all cash inflows and outflows during the year. This is a snapshot of the company's liquidity at that specific point in time.
For a prospective franchisee, this number provides insight into Aw's financial health and its ability to manage its cash flow. A higher cash balance generally indicates a stronger financial position, while a lower balance might suggest potential liquidity challenges. Reviewing the trend in cash balances over multiple years, as presented in the FDD, can offer a more comprehensive understanding of Aw's financial stability.
It's important to note that the cash balance is just one aspect of Aw's overall financial picture. A thorough analysis would also consider other factors such as revenues, expenses, liabilities, and equity, as detailed in the financial statements. Additionally, prospective franchisees should compare Aw's cash balance and other financial metrics to those of similar franchises in the industry to assess its relative performance.