What was the total amount of franchisee receivables at the beginning of the year for Beef O Bradys?
Beef_O_Bradys Franchise · 2025 FDDAnswer from 2025 FDD Document
006,367 | Revenues reported as "Other" include non-recurring income that is not in the normal course of business, but it is related to contracts with customers and is recognized at a point in time.
Contract Balances
The following table provides inform
Source: Item 23 — RECEIPTS. (FDD pages 66–330)
What This Means (2025 FDD)
According to Beef O Bradys's 2025 Franchise Disclosure Document, the franchisee receivables at the beginning of the year totaled $996,288. This represents the amount of money owed to Beef O Bradys by its franchisees at the start of the fiscal year.
For a prospective franchisee, this figure provides insight into the scale of financial transactions between Beef O Bradys and its franchisees. It is important to understand what constitutes these receivables. These receivables could include unpaid royalties, marketing fund contributions, or other fees outlined in the franchise agreement.
Understanding the nature and terms of these receivables is crucial. A potential franchisee should inquire about the typical payment terms, any interest charges on overdue amounts, and the methods Beef O Bradys uses to manage and collect these receivables. This information will help in assessing the financial relationship and obligations within the Beef O Bradys franchise system.