What were the accounts payable liabilities for Beggars Pizza?
Beggars_Pizza Franchise · 2025 FDDAnswer from 2025 FDD Document
| Current liabilities: | |||
|---|---|---|---|
| Accounts payable | $ 41,196 | $ 15,371 | |
| Accrued state taxes | 690 | 35,669 | |
| Deferred franchise fees | 25,000 | 37,500 | |
| Total liabilities | 66,886 | 88,540 | |
| Members' equity | 363,597 | 201,534 | |
| Total liabilities and members' equity | $ 430,483 | $ 290,074 |
Source: Item 23 — RECEIPT (FDD pages 39–192)
What This Means (2025 FDD)
According to Beggars Pizza's 2025 Franchise Disclosure Document, the accounts payable liabilities are detailed in the provided financial statements. The accounts payable for the current liabilities are listed as $41,196, and for total liabilities, the amount is $66,886. The total liabilities and members' equity is $430,483.
These figures provide a snapshot of Beggars Pizza's short-term financial obligations. Accounts payable represents the money owed to suppliers and vendors for goods and services received but not yet paid for. A higher accounts payable balance could indicate that Beggars Pizza is taking advantage of favorable payment terms with its suppliers, or it could signal potential cash flow issues if the balance is too high relative to its current assets.
Prospective franchisees should review these figures carefully in the context of the full financial statements and consider trends over time. It's important to compare these liabilities with Beggars Pizza's assets and revenue to assess the company's overall financial health and ability to meet its obligations. Consulting with a financial advisor is recommended to fully understand the implications of these figures.