What was the total current assets for B Bops in 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 in 2022 were $364,538. This figure represents the sum of B Bops' cash, franchise fees receivable, and receivables from related parties. These assets are expected to be converted into cash within one year.
Understanding the composition and value of current assets is crucial for prospective franchisees. It provides insight into B Bops' short-term financial health and liquidity. A higher value of current assets suggests that B Bops has sufficient resources to meet its immediate obligations.
For comparison, B Bops' total current assets in 2024 were $588,038 and in 2023 were $482,164. These figures indicate a fluctuating level of short-term assets over the three-year period. A potential franchisee should investigate the reasons for these fluctuations to assess the stability of B Bops' financial position.