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What was the amount of Beggars Pizza's cash on hand in 2022?

Beggars_Pizza Franchise · 2025 FDD

Answer from 2025 FDD Document

Cash – The Company maintains its cash in bank deposit accounts which at times may exceed federally insured limits. The Company has not experienced any losses in such accounts and believes it is not exposed to any significant credit risk on cash deposits.

Source: Item 21 — FINANCIAL STATEMENTS (FDD page 39)

What This Means (2025 FDD)

According to the 2025 Beggars Pizza Franchise Disclosure Document, the exact amount of cash on hand for Beggars Pizza in 2022 is not explicitly stated. However, the document does mention how Beggars Pizza handles its cash accounts.

The FDD states that Beggars Pizza maintains its cash in bank deposit accounts, which at times may exceed federally insured limits. Despite this, Beggars Pizza reports that it has not experienced any losses in such accounts and believes it is not exposed to any significant credit risk on cash deposits. This indicates that Beggars Pizza is confident in its cash management practices.

While the FDD does not provide the specific cash balance for 2022, it does offer insight into the company's accounting policies related to cash and cash equivalents. For example, the company considers all highly liquid financial instruments purchased with a maturity of three months or less to be cash equivalents. For a prospective franchisee, it would be prudent to inquire about the specific cash balances for 2022 and subsequent years to gain a clearer understanding of the company's financial health and cash flow management.

Disclaimer: This information is extracted from the 2025 Franchise Disclosure Document and is provided for research purposes only. It does not constitute legal or financial advice. Consult with a franchise attorney before making any investment decisions.