What was the net change in cash for Beef O Bradys in 2023?

According to Beef O Bradys's 2025 Franchise Disclosure Document, the net change in cash for the company in 2023 was a decrease of $875,238. This indicates that Beef O Bradys used more cash than it generated during the year. This figure is derived from the consolidated statements of cash flows, which summarize all cash inflows and outflows.

Specifically, the provided table details the cash flows from operating, investing, and financing activities. In 2023, Beef O Bradys had net cash provided by operating activities of $8,291,491, net cash used in investing activities of $3,742,591, and net cash used in financing activities of $5,424,138. The net change in cash is the sum of these three sections.

For a prospective franchisee, this information is crucial as it provides insight into the financial health and stability of Beef O Bradys. A significant decrease in cash could indicate potential challenges in managing expenses, investing in growth, or securing financing. It is important to note that a single year's change in cash should be viewed in the context of the company's overall financial performance and industry trends. A potential franchisee should investigate the reasons behind the cash decrease and assess whether it is a temporary situation or a sign of deeper financial issues.