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What was the total amount of B Bops' current assets as of December 31, 2022?

B_Bops Franchise · 2025 FDD

Answer 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.

Disclaimer: This information is extracted from the 2025 Franchise Disclosure Document and is provided for research purposes only. It does not constitute legal or financial advice. Consult with a franchise attorney before making any investment decisions.