What was the total amount of Bambu's liabilities and members' deficit in the most recent year presented?
Bambu Franchise · 2025 FDDAnswer from 2025 FDD Document
| CURRENT LIABILITIES | |||
|---|---|---|---|
| Accounts payable and accrued expenses | $ 689,346 | $ 480,167 | |
| Current portion of non-refundable deferred franchise fees | 370,917 | 265,062 | |
| Current portion of notes payable | 37,715 | 43,293 | |
| Current portion of notes payable -members | 30,279 | ||
| Current portion of lease liability | 14,641 | 22,698 | |
| TOTAL CURRENT LIABILITIES | 1,142,898 | 811,220 | |
| LONG-TERM LIABILITIES | |||
| Non-refundable deferred franchise fees | 772,538 | 1,171,105 | |
| Lease payable | 14,641 | ||
| Notes payable | 182,615 | 211,677 | |
| Notes payable -members | 242,331 | ||
| TOTA | L LIABILITIES | 2,340,382 | 2,208,643 |
| MEMBERS' (DEFICIT) | (1,835,938) | (1,608,889) | |
| TOT AL LIABILITIES AND | |||
| MEMBERS' (DEFICIT) | $ 504,444 | $ 599,754 |
Source: Item 23 — Receipts (FDD pages 52–209)
What This Means (2025 FDD)
According to Bambu's 2025 Franchise Disclosure Document, the total liabilities and members' deficit as of December 31, 2024, was $504,444. This figure represents the sum of all the company's liabilities (what it owes to others) and its members' deficit (the accumulated losses exceeding the members' equity). This information is crucial for prospective franchisees to understand the financial health and stability of Bambu. A lower total liabilities and members' deficit may indicate a stronger financial position.
Specifically, the FDD provides a breakdown of current liabilities, long-term liabilities, and the members' deficit. Current liabilities, which are due within a year, include accounts payable, accrued expenses, the current portion of non-refundable deferred franchise fees, notes payable, and lease liabilities. Long-term liabilities consist of non-refundable deferred franchise fees, lease payable, and notes payable. The members' deficit represents the accumulated losses of the company.
Understanding the composition of these liabilities and the members' deficit is essential for assessing the financial risk associated with investing in a Bambu franchise. Potential franchisees should carefully review these figures and compare them to previous years to identify any trends or potential concerns. It is also advisable to consult with a financial advisor to fully understand the implications of these financial statements.