What were the total assets reported for Beauty Bungalows in the provided balance sheets?
Beauty_Bungalows Franchise · 2025 FDDAnswer from 2025 FDD Document
| Deferred cost - net of current portion | 2 86,113 | 115,783 |
|---|---|---|
| Total noncurrent assets | 286,113 | 115,783 |
| Total assets | $ 461,360 | $ 231,510 |
Source: Item 23 — RECEIPTS (FDD pages 48–177)
What This Means (2025 FDD)
According to Beauty Bungalows' 2025 Franchise Disclosure Document, the company's balance sheets provide figures for total assets. One balance sheet shows total assets of $231,510. Another balance sheet contained in the document shows total assets of $461,360.
It is important to note that the FDD does not specify the dates associated with these balance sheets. Therefore, it is not possible to determine the exact time frame or accounting period to which these figures apply. A prospective franchisee should request clarification from Beauty Bungalows regarding the dates of these balance sheets to understand the company's financial performance over time.
Understanding the franchisor's asset values can provide insight into the company's financial stability and growth. However, without knowing the specific dates of these balance sheets, it is difficult to assess the financial trends and make informed decisions. Therefore, further due diligence is essential to gain a comprehensive understanding of Beauty Bungalows' financial health.