What was the total value of Bb.Q Chicken's inventory, net, in 2022?
Bb_Q_Chicken Franchise · 2025 FDDAnswer from 2025 FDD Document
| ASSETS | 2023 | 2022 | |
|---|---|---|---|
| CURRENT ASSETS | |||
| Cash & cash equivalents (Note 2) | $1,999,340 | $ 1,449,277 | |
| Accounts receivable - net (Note 2) | 4,519,578 | 2,262,811 | |
| Inventory - net (Note 2) | 6,786,479 | 5,216,192 | |
| Prepaid expenses (Note 4) | 78,218 | 169,859 | |
| Interest receivable | 19,041 | 6,511 | |
| Loans to others | 325,306 | 314,203 | |
| Right of assets - short-term | 927,000 | 1,014,583 | |
| Total Current Assets | 14,654,962 | 10,433,436 |
Source: Item 23 — RECEIPTS (FDD pages 62–283)
What This Means (2025 FDD)
According to Bb.Q Chicken's 2025 Franchise Disclosure Document, the total value of their inventory, net, in 2022 was $5,216,192. This figure represents the value of all raw materials, work-in-progress, and finished goods that Bb.Q Chicken held at the end of the 2022 fiscal year, after accounting for any inventory obsolescence or other valuation adjustments. This number is important for prospective franchisees to understand the scale of the Bb.Q Chicken operation and the potential investment in inventory.
For a prospective Bb.Q Chicken franchisee, understanding the inventory value is crucial for several reasons. First, it provides insight into the supply chain management and the volume of goods Bb.Q Chicken handles. Second, it can help franchisees anticipate the level of investment needed to maintain adequate inventory levels for their own stores. Third, it offers a benchmark for assessing the efficiency of inventory management practices within the Bb.Q Chicken system.
It's worth noting that the inventory value can fluctuate based on various factors, including seasonal demand, supply chain disruptions, and changes in menu offerings. Therefore, while the 2022 figure provides a historical reference point, prospective franchisees should also inquire about more recent inventory data and trends to gain a comprehensive understanding of the current inventory landscape at Bb.Q Chicken. Additionally, understanding the accounting policies related to inventory valuation, as mentioned in Note 2, can provide further clarity on how this figure is calculated and interpreted.