What was the total amount of B Bops' current assets as of December 31, 2021?
B_Bops Franchise · 2025 FDDAnswer from 2025 FDD Document
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| Asset | S | |||||||
|---|---|---|---|---|---|---|---|---|
| 2024 | n= | 2023 | 2022 | 2021 | ||||
| Current Assets | ||||||||
| Cash | $ | 542,855 | $ | 467,403 | $ | 351,509 | $ | 170,478 |
| Franchise fee receivable | 45,183 | 14,761 | 13,029 | 13,231 | ||||
| Receivable - related party | 32,380 | |||||||
| Total Current Assets | $ | 588,038 | $ | 482,164 | $ | 364,538 | $ | 216 |
Source: Item 21 — FINANCIAL STATEMENTS (FDD pages 52–53)
What This Means (2025 FDD)
According to B Bops' 2025 Franchise Disclosure Document, the company's total current assets as of December 31, 2021, were $216,089. This figure represents the sum of B Bops' cash, franchise fee receivable, and receivable from a related party at that specific point in time. Current assets are those that B Bops expects to convert to cash within one year.
Specifically, the current assets included $170,478 in cash, $13,231 in franchise fees receivable, and $32,380 receivable from a related party. These values provide a snapshot of B Bops's short-term financial health and liquidity at the close of 2021.
Prospective franchisees should consider these figures in the context of B Bops' overall financial statements. Analyzing trends in current assets over multiple years, as presented in the balance sheet, can offer insights into the company's financial stability and its ability to meet its short-term obligations. Comparing these values to those of other franchisors can also help potential franchisees assess the relative financial strength of B Bops.