What was the total cash asset for Aw as of December 31, 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 | ||
|---|---|---|
| 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 company's cash asset as of December 31, 2023, was $4,705. This figure represents the total amount of cash Aw had on hand at the end of that year. This is a snapshot of the company's liquidity at that specific point in time.
In addition to cash, Aw's assets included amounts due from franchisees ($7,837) and related parties ($51,502). The total assets for Aw as of December 31, 2023, amounted to $64,044. These figures provide a broader view of the company's financial health, including not just cash but also receivables from franchisees and related entities.
Prospective franchisees should consider these figures in the context of Aw's overall financial statements, including liabilities and equity. Analyzing trends in cash and total assets over time can provide insights into the company's financial stability and growth. It's also important to compare these figures to those of other franchises in the same industry to assess Aw's relative financial performance.