What was the total value of Bb.Q Chicken's common stock in 2023?
Bb_Q_Chicken Franchise · 2025 FDDAnswer from 2025 FDD Document
| STOCKHOLDER'S EQUITY | |
|---|---|
| Common stock, no par value; | 4,250,000 |
| - 5,000,000 shares authorized | |
| - 4,250,000 shares issued and outstanding (Note 7) | |
| Additional paid in capital | 7,454 |
| Deficit | (3,554,585) |
| Accumulated other comprehensive income | - |
Source: Item 23 — RECEIPTS (FDD pages 62–283)
What This Means (2025 FDD)
According to Bb.Q Chicken's 2025 Franchise Disclosure Document, the value of the company's common stock in 2023 was $4,250,000. This is based on 4,250,000 shares issued and outstanding, out of a total of 5,000,000 authorized shares, with no par value assigned to the stock.
Bb.Q Chicken's balance sheet lists common stock under the Stockholder's Equity section. In addition to common stock, the stockholder's equity includes additional paid-in capital, a deficit, and accumulated other comprehensive income to calculate the total stockholder's equity.
It is important to note that the common stock value does not reflect the overall financial health of Bb.Q Chicken. Prospective franchisees should consider the company's liabilities, deficit, and other financial metrics in the FDD to gain a comprehensive understanding of its financial standing. Reviewing the notes to the consolidated financial statements provides further details on the company's capital structure and related transactions.