What were the member capital contributions for Beauty Bungalows in 2023?
Beauty_Bungalows Franchise · 2025 FDDAnswer from 2025 FDD Document
. The Company was formed for the purpose of franchising beauty stores nationally in the United States. The company has one member with 100% ownership.
For the years ended December 31, 20
Source: Item 21 — FINANCIAL STATEMENTS (FDD page 47)
What This Means (2025 FDD)
According to Beauty Bungalows's 2025 Franchise Disclosure Document, the total member capital contributions for the year ending December 31, 2023, were $37,988. The document also notes that member distributions for the same period totaled $60,000. This indicates the amount of capital the member invested into Beauty Bungalows and the amount distributed to the member from the company.
These figures are part of Beauty Bungalows's overall financial performance, which is audited by an independent auditor. The auditor's report included in the FDD states that the financial statements present fairly the financial position of Beauty Bungalows as of December 31, 2023. This audit provides a level of assurance regarding the accuracy of the financial information presented.
Prospective franchisees should consider these capital contributions and distributions in the context of Beauty Bungalows's overall financial health. Understanding the flow of capital in and out of the company can provide insights into its financial stability and how it manages its resources. It's also worth noting that Beauty Bungalows had a net loss of $85,311 in 2023, which could be a point of further inquiry for potential franchisees.