What was the amount of Beggars Pizza's cash on hand in 2023?
Beggars_Pizza Franchise · 2025 FDDAnswer 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)
Based on the 2025 Franchise Disclosure Document, the specific amount of cash on hand for Beggars Pizza in 2023 is not disclosed. However, the FDD does provide some context regarding the company's cash management practices.
Specifically, the document states that Beggars Pizza maintains its cash in bank deposit accounts, which at times may exceed federally insured limits. Despite this, the company reports that it has not experienced any losses in these accounts and believes it is not exposed to any significant credit risk on cash deposits. This indicates that Beggars Pizza is aware of and manages the risks associated with holding cash in potentially uninsured accounts.
While the exact cash balance for 2023 is not provided, prospective franchisees may want to inquire about the company's cash management policies, typical cash balances, and the factors that influence these balances. Understanding these aspects can provide a better picture of the company's financial health and stability.