What was the franchise fee receivable for B Bops as of December 31, 2022?
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) | |
| $ |
Source: Item 21 — FINANCIAL STATEMENTS (FDD pages 52–53)
What This Means (2025 FDD)
According to B Bops's 2025 Franchise Disclosure Document, the reconciliation of net income to net cash provided by operating activities includes a franchise fee receivable of $203 as of December 31, 2022. This figure represents the outstanding amount that B Bops expected to collect from franchisees related to franchise fees.
For a prospective B Bops franchisee, this indicates the amount of franchise fees that were outstanding and still owed to the company at the end of 2022. It is a relatively small number, suggesting that B Bops generally collects franchise fees in a timely manner.
Franchise fee receivables can fluctuate depending on the timing of when franchise agreements are signed and when payments are received. Monitoring these receivables is important for B Bops to manage its cash flow and financial health. The FDD notes that management does not consider an allowance for doubtful accounts necessary, indicating they believe these receivables are fully collectible.