What was the investment in note receivable - shareholder for B Bops in 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 Distributions | $ (7,596) | $ - | $ | $ |
| Net Cash Used by Financing Activities | $ (7,596) | $ | $ | $ |
| Net Increase (Decrease) in Cash and Cash Equivalents | $ 75,452 | $ 115,894 | $ 181,031 | $ (5,386) |
| Cash and Cash Equivalents at Beginning of Year | $ 467,403 | $ 351,509 | $ 170,478 | $ 175,864 |
| Cash and Cash Equivalents at End of Year | $ 542,855 | $ 467,403 | $ 351,509 | $ 170 |
Source: Item 21 — FINANCIAL STATEMENTS (FDD pages 52–53)
What This Means (2025 FDD)
According to B Bops's 2025 Franchise Disclosure Document, the investment in note receivable from the shareholder was $(62,579) in 2024. This figure represents the net cash used for the investment in the note receivable from the shareholder during that year. It is important to note that this value is negative, indicating that cash was disbursed rather than received from this particular transaction.
This information is found within the Statement of Cash Flows, which provides a summary of all the cash inflows and outflows that B Bops experienced during the year. The Statement categorizes these cash flows into operating, investing, and financing activities, offering a clear picture of how the company generated and used cash. The investment in note receivable from the shareholder falls under investing activities, as it involves the purchase and sale of assets.
Prospective franchisees should pay close attention to these related-party transactions, as they can provide insights into the financial relationships between B Bops and its stakeholders. Understanding the nature and terms of these transactions is crucial for assessing the overall financial health and stability of the company. It is also important to compare these figures with previous years to identify any trends or significant changes in the company's financial activities.