How much did Aw pay to WinTrust in 2022?
Aw Franchise · 2025 FDDAnswer from 2025 FDD Document
| | Members' Equity (Deficit) - Ending | $ 617 | $ 11,732 | | |
STATEMENTS OF CASH FLOWS RAYYAN PIZZA FRANCHISE LLC
| YEARS ENDING DECEMBER 31 | |||||
|---|---|---|---|---|---|
| Cash Flows from Operating Activities | 2023 | 2022 | |||
| Net Income | $ | 136,397 | $ | 168,681 | |
| Adjustments to reconcile net income to net cash | |||||
| provided by operating activities: | |||||
| Changes in assets and liabilities | |||||
| Due from franchisee | (6,611) | 1,294 | |||
| Due from related parties | — | — | |||
| Accounts payable and accrued expenses | (4,834) | (634) | |||
| Contract Liability | (8,250) 116,702 | (8,250) 161,091 | |||
| Cash Flow from Financing Activities | |||||
| Loan from SBA | 1,954 | — | |||
| Loan from WinTrust | — | 25,624 | |||
| Payments to WinTrust | — | (15,551) | |||
| Cash Flow from Investing Activities | |||||
| Members' (distributions) | (147,512) | (146,636) |
Source: Item 21 — FINANCIAL STATEMENTS (FDD page 39)
What This Means (2025 FDD)
According to Aw's 2025 Franchise Disclosure Document, the company made payments to WinTrust totaling $15,551 in 2022. This information is derived from the cash flow statement, which tracks the movement of cash both into and out of the company. Specifically, this figure is listed under 'Cash Flow from Financing Activities,' indicating that it relates to debt or equity financing.
For a prospective Aw franchisee, this indicates that the franchisor has a financial relationship with WinTrust, likely involving a loan. Understanding the franchisor's debt obligations can be important for assessing their financial stability. While this payment represents money flowing out of Aw to WinTrust, the FDD also shows a loan from WinTrust of $25,624 in 2022, suggesting a more complex financial arrangement than just a simple repayment.
It is important to note that this is just one year's data. Reviewing several years of financial statements, including 2023 and 2024, will provide a more complete picture of Aw's financial health and its ongoing relationship with WinTrust. A potential franchisee should consider the overall trend of borrowing and repayments to assess the franchisor's financial management and risk profile.