What was the reported total asset value for Beauty Bungalows in the earlier period presented?
Beauty_Bungalows Franchise · 2025 FDDAnswer from 2025 FDD Document
| Current assets: | ||
|---|---|---|
| Cash | $ 115,727 | $ 124,233 |
| Total current assets | 1 15,727 | 124,233 |
| Non-current assets: | ||
| Deferred franchise acquisition costs | $ 1 15,783 | $ - |
| Total current assets | 1 15,783 | - |
| Total assets | $ 2 31,510 | $ 124,233 |
Source: Item 23 — RECEIPTS (FDD pages 48–177)
What This Means (2025 FDD)
According to Beauty Bungalows' 2025 Franchise Disclosure Document, the company's total assets for the earlier period presented were $231,510. The table provides a comparison of assets between two periods, with the earlier period showing lower values across current and non-current assets. This figure is important for prospective franchisees as it provides insight into the financial health and scale of Beauty Bungalows at that time.
The current assets included cash totaling $124,233. The non-current assets included deferred franchise acquisition costs of $115,783. These figures, when combined, represent the total asset value for the earlier period. Understanding the composition of these assets can help a franchisee assess the company's financial strategies and resource allocation.
It is important to note that financial figures can change, and this data represents a snapshot in time. A prospective franchisee should review the full financial statements in the FDD and consult with a financial advisor to understand the implications of these figures for their investment decision. Additionally, comparing these figures to more recent financial statements, if available, can provide a more comprehensive view of Beauty Bungalows' financial performance and stability.