What was the amount of the franchise fee receivable for B Bops as of December 31, 2024?
B_Bops Franchise · 2025 FDDAnswer from 2025 FDD Document
2021
| 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|
| Cash Flows from Operating Activities | ||||
| Cash Provided by Operating Activities Operating Revenue Interest Accrued Reconciliation of Net Income to Net Cash | $ 171,308 | $ 153,244 | $ 168,937 | $ 155,330 |
| 20,000 | 9,599 | 3,144 | 3,506 | |
| Provided by Operating Activities: Franchise Fee Receivable Accounts Payable | $ (30,422) | $ (1,732) | $ 203 | $ (2,318) |
| 7,596 | (487) | 487 | (41,912) | |
| $ 168,482 | $ 160,624 | $ 172,771 | $ 114,606 | |
| Cash Disbursed for Operating Activities: Professional Fees Bank Charges Salaries Payroll Taxes | $ (22,283) | $ (20,398) | $ (20,472) | $ (14,989) |
| (572) | (502) | (504) | (519) | |
| - | - | - | (100,000) | |
| - | - | - | (1,450) | |
| Net Cash Provided (Used) by Operating Activities | $ 145,627 | $ 139,724 | $ 151,795 | $ (2,352) |
| Cash Flows from Investing Activities: | ||||
| Investment in Note Receivable - Related Party | $ - | $ (20,608) | $ 32,380 | $ (3,034) |
| Investment in Note Receivable - Shareholder | (62,579) | (3,222) | (3,144) | |
| Net Cash Provided (Used) by Investing Activities | $ (62,579) | $ (23,830) | $ 29,236 | $ (3,034) |
| Cash Flows from Financing Activities: | ||||
| Shareholder Distrib |
Source: Item 21 — FINANCIAL STATEMENTS (FDD pages 52–53)
What This Means (2025 FDD)
According to B Bops's 2025 Franchise Disclosure Document, the franchise fee receivable as of December 31, 2024, was $(30,422). This figure represents the amount of franchise fees that B Bops expected to collect from outstanding balances.
The franchise fee receivable is an important metric for prospective franchisees to consider, as it provides insight into the financial health and stability of B Bops. A high franchise fee receivable could indicate that franchisees are struggling to pay their fees, which could negatively impact B Bops's revenue and profitability. Conversely, a low franchise fee receivable could indicate that franchisees are financially stable and that B Bops is effectively managing its finances.
It is also important to note that management does not consider an allowance for doubtful accounts necessary. This means that B Bops believes that it will be able to collect all of the outstanding franchise fees. However, this is just an estimate, and actual results could differ. Prospective franchisees should carefully review B Bops's financial statements and ask questions about the franchise fee receivable to get a better understanding of the company's financial health.