What was the total amount of B Bops' current assets as of December 31, 2022?
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, 2022, were $364,538. This figure represents the sum of B Bops' cash, franchise fee receivable, and any other assets expected to be converted to cash or used up within one year. These assets are essential for covering short-term obligations and funding day-to-day operations.
Specifically, the current assets include cash amounting to $351,509 and franchise fees receivable totaling $13,029. These components reflect the liquid resources and expected payments from franchisees that B Bops could access to meet its immediate financial needs. The level of current assets is a key indicator of B Bops' short-term financial health and its ability to manage its working capital effectively.
A prospective franchisee should consider the composition and size of these current assets when evaluating the financial stability of B Bops. A healthy balance of current assets relative to current liabilities suggests that B Bops is well-positioned to support its franchisees and manage its own financial obligations. Monitoring these figures over time can provide insights into the company's financial trends and its ability to sustain growth.