What was the total amount of royalties receivable for Bananas Smoothies Frozen Yogurt in 2022?
Bananas_Smoothies_Frozen_Yogurt Franchise · 2025 FDDAnswer from 2025 FDD Document
ber 29, 2024, this loan was paid off in full.
Subsequent events
In accordance with FASB ASC 855, Subsequent Events, the Company has evaluated subsequent events through March 20, 2025, the date on which these financial statements were available to be
Source: Item 23 — RECEIPT (FDD pages 58–231)
What This Means (2025 FDD)
According to the 2025 FDD, the royalties receivable for Bananas Smoothies Frozen Yogurt in 2022 was $24,808. The table also provides the royalties receivable for 2023 and 2024, which were $21,251 and $21,001, respectively.
Royalties receivable represents the amount of royalty fees that Bananas Smoothies Frozen Yogurt has earned but not yet collected from its franchisees. Monitoring the trend of royalties receivable can provide insights into the financial health and payment behavior of franchisees within the Bananas Smoothies Frozen Yogurt system. A consistent or decreasing level of royalties receivable may indicate timely payments from franchisees, while an increasing level could signal potential financial difficulties or delays in payments.
Prospective franchisees should pay close attention to these figures as they offer a glimpse into the financial interactions between the franchisor and its franchisees. Understanding the amounts and trends in royalties receivable can help potential franchisees assess the overall stability and financial practices within the Bananas Smoothies Frozen Yogurt franchise system.