What was the total cash asset for B Bops in 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 |
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 cash assets totaled $170,478 in 2021. This figure represents the amount of cash and cash equivalents B Bops had on hand as of December 31, 2021. Cash equivalents are defined as highly liquid debt instruments purchased with a maturity of three months or less.
For a prospective franchisee, understanding the franchisor's cash position is crucial. A healthy cash balance suggests financial stability and the ability to support franchisees. It indicates B Bops's capacity to invest in ongoing development, marketing, and support services.
However, it is important to consider this figure in the context of B Bops's overall financial health. Reviewing the complete financial statements, including liabilities and equity, will provide a more comprehensive picture. Additionally, comparing cash positions across multiple years (2022, 2023, and 2024 are also provided in the FDD) can reveal trends and potential areas of concern or growth.