What was the total value of assets 'due from franchisee' for Aw as of December 31, 2024?
Aw Franchise · 2025 FDDAnswer from 2025 FDD Document
| ASSETS | |||
|---|---|---|---|
| YEARS ENDED DECEMBER 31 2024 | 2023 | ||
| Assets | |||
| Cash | $ 8,494 | $ | 4,705 |
| Due from franchisee | — | 7,837 |
Source: Item 21 — FINANCIAL STATEMENTS (FDD page 39)
What This Means (2025 FDD)
According to Aw's 2025 Franchise Disclosure Document, the value of assets listed as 'Due from franchisee' as of December 31, 2024, is not explicitly stated. However, the balance sheet does show the 'Due from franchisee' amount as of December 31, 2023, which was $7,837.
Item 21 includes the balance sheets for the years ending December 31, 2024, and 2023. While the 2023 figure is provided, the corresponding value for 2024 is represented by a "—" symbol. This symbol typically indicates a zero value or that the information is not applicable or available.
For a prospective Aw franchisee, this means that as of the end of 2024, franchisees collectively owed Aw either nothing, or an amount small enough to not be reported on the balance sheet. To confirm the exact amount, a potential franchisee should seek clarification from Aw regarding the 'Due from franchisee' balance for December 31, 2024, and understand the reasons for any changes from the previous year.