What were the member distributions for Beauty Bungalows in 2023?
Beauty_Bungalows Franchise · 2025 FDDAnswer from 2025 FDD Document
| | | - | - : : : ; ; ; ; ; | * | ,, | | Total cash and cash equivalents | $ | 148,703 | $ | 115,727 | | | | = :=,,, 02 | - | ,,,_, |
1. Organization
Beauty Bungalows Franchising LLC (the "Company") is a Wyoming limited liability company formed in July 2021. 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
Source: Item 21 — FINANCIAL STATEMENTS (FDD page 47)
What This Means (2025 FDD)
According to Beauty Bungalows' 2025 Franchise Disclosure Document, the total member distributions for the year ended December 31, 2023, were $60,000. This indicates the amount of money or assets distributed to the member or members of Beauty Bungalows Franchising LLC during that year. The company is a Wyoming LLC that was formed in July 2021 for the purpose of franchising beauty stores nationally in the United States. The company has one member with 100% ownership.
Member distributions represent a return of capital or profits to the owner(s) of the business. In the context of a franchise, understanding these distributions can provide insight into the financial management and profitability of the franchisor. For a prospective franchisee, this information is useful for evaluating the financial stability and success of Beauty Bungalows.
In addition to the member distributions, the FDD states that total member contributions for 2023 were $37,988. It's important to note that Beauty Bungalows' financial statements were audited by independent auditors, and their report is included in the FDD. This report expresses the auditor's opinion that the financial statements present fairly the financial position of the company as of December 31, 2023, in accordance with accounting principles generally accepted in the United States of America.