What was the receivable from a related party for B Bops as of December 31, 2021?

According to B Bops's 2025 Franchise Disclosure Document, the receivable from a related party, specifically the sole shareholder, was $125,973 as of December 31, 2021. This receivable is classified as an 'Other Non-Current Asset,' indicating that B Bops did not expect payments to be made within one year of the financial statement date. Additionally, interest income related to this receivable was $3,506 for the year ended December 31, 2021.

This related-party transaction suggests a financial relationship between B Bops and its sole shareholder. The fact that the receivable is not expected to be paid within one year implies a longer-term arrangement. The presence of interest income indicates that the shareholder is paying interest on the outstanding balance.

For a prospective franchisee, this information highlights the importance of understanding the financial relationships between B Bops and its related parties. It is essential to assess whether these transactions could impact the financial stability or operations of the franchise system. Investigating the terms of the receivable, such as the interest rate and repayment schedule, would provide further insight into the nature of this related-party transaction. Understanding the context and reasons behind such financial arrangements is a crucial part of due diligence before investing in a B Bops franchise.