What was the total balance for B Bops at December 31, 2024?
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 total balance at December 31, 2024, was $794,733. This figure represents the sum of capital stock, additional paid-in capital, and retained earnings. The capital stock was $1, the additional paid-in capital was $149,999, and the retained earnings amounted to $644,733.
This information is derived from the Statement of Stockholder's Equity, which tracks changes in the company's equity accounts over time. The balance at the end of 2024 reflects net income of $168,453 and distributions of $7,596. Understanding the components of the total balance can give a prospective B Bops franchisee insight into the financial structure and profitability of the company.
Reviewing the Statement of Stockholder's Equity over several years, as presented in the FDD, provides a picture of how B Bops has managed its equity, reinvested earnings, and distributed profits. This historical context can be valuable for assessing the financial stability and growth potential of the franchise system.