What were the total assets for B Bops as of December 31, 2024?
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 | $ | 216,089 |
| Fixed Assets | ||||||||
| Intangibles | $ | 37,700 | $ | 37,700 | $ | 37,700 | $ | 37,700 |
| Accumulated amortization | (18,326) | (18,326) | (18,326) | (18,326) | ||||
| Total Fixed Assets | $ | 19,374 | $ | 19,374 | $ | 19,374 | $ | 19,374 |
| Other Non-Current Assets | ||||||||
| Note Receivable - Shareholder | $ | 194,917 | $ | 132,338 | $ | 129,116 | $ | 125,973 |
| Total Other Non-Current Assets | $ | 194,917 | $ | 132,338 | $ | 129,116 | $ | 125,973 |
| Total Assets | $ Liabili | 802,329 ties and Stock | $ holder | 633,876 s Equity | $ | 513,028 | $ | 361,436 |
| Current Liabilities | ||||||||
| Accounts Payable | $ | 7,596 | $ | _ | $ | 487 | $ | _ |
| Accounts Payable - Affiliate | - | - | , | 20,608 | , | 20,608 | ||
| Total Current Liabilities | $ | 7,596 | $ | $ | 21,095 | $ | 20,608 | |
| Total Liabilities | $ | 7,596 | $ | $ | 21,095 | $ | 20,608 | |
| Stockholder's Equity | ||||||||
| Common Stock | $ | 1 | $ | 1 | $ | 1 | $ | 1 |
| Additional Paid-in Capital | 149,999 | 149,999 | 149,999 | · | 149,999 | |||
| Retained Earnings | 644,733 | 483,876 | 341,933 | 190,828 | ||||
| Total Stockholder's Equity | $ | 794,733 | $ | 633,876 | $ | 491,933 | $ | 340,828 |
| Total Liabilities and Stockholder's Equity | $ | 802,329 | $ | 633,876 | $ | 513,028 | $ | 361 |
Source: Item 21 — FINANCIAL STATEMENTS (FDD pages 52–53)
What This Means (2025 FDD)
According to B Bops's 2025 Franchise Disclosure Document, the company's total assets as of December 31, 2024, were $802,329. The balance sheet provides a snapshot of what B Bops owns (assets) and owes (liabilities) at a specific point in time. This figure represents the sum of B Bops's current assets, fixed assets, and other non-current assets. Current assets include cash ($542,855) and franchise fee receivables ($45,183). Fixed assets are recorded as $19,374, and other non-current assets, specifically a note receivable from a shareholder, amount to $194,917.
Understanding the composition of B Bops's assets can be useful for prospective franchisees. A significant portion of the assets is in the form of cash, which suggests strong liquidity. The presence of franchise fee receivables indicates outstanding payments from franchisees, which are expected to be collected. The note receivable from the shareholder represents a loan to the shareholder, which is a related-party transaction. Fixed assets, net of accumulated amortization, are a relatively small portion of the total assets.
When evaluating a franchise, it is important to consider not only the total asset value but also the nature of those assets. For example, a high proportion of liquid assets like cash can provide stability, while a large amount tied up in receivables may indicate potential collection risks. Reviewing the trend of asset values over the years (2021-2024) can also provide insights into the company's growth and financial health. Comparing these figures with those of other similar franchises can help a prospective franchisee assess the relative financial strength of B Bops.