What was the retained earnings amount for B Bops as of December 31, 2021?
B_Bops Franchise · 2025 FDDAnswer from 2025 FDD Document
2021
| Balance at January 1, 2021 | Capit | tal Stock - | dditional d-in Capital 149,999 | Retained Earnings 148,950 | Ś | Total 298,950 |
|---|---|---|---|---|---|---|
| Net Income | $ | $ /81 | $ 41,878 | $ | 41,878 | |
| Balance at December 31, 2021 | $ | 1 | $ 149,999 | $ 190,828 | $ | 340,828 |
| Net Income | $ | $ | $ 151,105 | $ | 151,105 | |
| Balance at December 31, 2022 | $ | 1 | $ 149,999 | $ 341,933 | $ | 491,933 |
| Net Income | $ | $ | $ 141,943 | $ | 141,943 | |
| Balance at December 31, 2023 | $ | 1 | $ 149,999 | $ 483,876 | $ | 633,876 |
| Net Income | $ | ¥ | $ - | $ 168,453 | $ | 141,943 |
| Distributions | (7,596) | (7,596) | ||||
| Balance at December 31, 2024 | $ | 1 | $ 149,999 | $ 644,733 | $ | 794 |
Source: Item 21 — FINANCIAL STATEMENTS (FDD pages 52–53)
What This Means (2025 FDD)
According to B Bops's 2025 Franchise Disclosure Document, the retained earnings as of December 31, 2021, was $190,828. This figure represents the accumulated profits of B Bops that have been retained in the business rather than distributed as dividends to owners. It's a key indicator of the company's financial health and its ability to reinvest in future growth.
Retained earnings are an important metric for prospective franchisees to consider, as they reflect the financial stability and profitability of B Bops over time. A strong retained earnings balance suggests that the company has been successful in generating profits and managing its finances effectively. This can provide reassurance to potential franchisees about the franchisor's ability to support their businesses and navigate economic challenges.
It is important to note that while retained earnings provide a snapshot of past financial performance, they do not guarantee future success. Prospective franchisees should also carefully review other financial statements and conduct their own due diligence to assess the overall financial health and prospects of B Bops. This includes analyzing revenue trends, expense management, and cash flow to gain a comprehensive understanding of the company's financial position.