What was the total cash and cash equivalents for Beauty Bungalows at the end of 2024?
Beauty_Bungalows Franchise · 2025 FDDAnswer from 2025 FDD Document
BALANCE, DECEMBER 31, 2024 | $ (209,773) |
Beauty Bungalows Franchising, LLC STATEMENTS OF CASH FLOWS For the years ended December 31, 2024 and 2023
| 2024 | 2023 | |||
|---|---|---|---|---|
| CASH FLOWS FROM OPERATING ACTIVITIES | _ | _ | ||
| Net loss | $ | (243,301) | $ | (85,311) |
| Change in: | _ | |||
| Deferred revenue | 442,600 | 214,600 | ||
| Credit card | 13,933 | - | ||
| Deferred acquisition costs | (196,874) | (115,783) | ||
| Net cash provided by operating activities | 16,358 | 13,506 | ||
| CASH FLOWS FROM FINANCING ACTIVITIES | ||||
| Member contributions | 16,618 | 37,988 | ||
| Member distribtuions | - | (60,000) | ||
| Net cash provided by (used in) financing activities | 16,618 | (22,012) | ||
| Net change in cash and cash equivalents | $ | 32,976 ŕ | $ | (8,506) , , |
| Cash and cash equivalents at beginning of year | 115,727 | 124,233 | ||
| cush und cush equivalents at segimining of your | 113,727 | 12 1,233 | ||
| Cash and cash equivalents at end of year | $ | 148 |
Source: Item 21 — FINANCIAL STATEMENTS (FDD page 47)
What This Means (2025 FDD)
According to Beauty Bungalows' 2025 Franchise Disclosure Document, the total cash and cash equivalents at the end of 2024 was $148,703. The FDD also provides the cash and cash equivalents at the end of 2023, which was $115,727. This indicates an increase in cash and cash equivalents from 2023 to 2024.
These figures are important for prospective franchisees as they provide insight into the financial health and liquidity of Beauty Bungalows. A higher cash balance generally indicates a stronger ability to meet short-term obligations and invest in future growth. Franchisees may want to compare these figures to those of other franchise systems in the beauty industry to benchmark Beauty Bungalows' financial performance.
It's also worth noting that Beauty Bungalows' cash flow statement indicates how the company's cash position changed over the years. The net change in cash and cash equivalents was $32,976 in 2024 and ($8,506) in 2023. Reviewing these cash flow dynamics can give a potential franchisee a better understanding of how Beauty Bungalows generates and uses cash.