What was the net change in cash for Beggars Pizza in 2022?
Beggars_Pizza Franchise · 2025 FDDAnswer from 2025 FDD Document
Attached to this disclosure document as Exhibit A is a copy of our audited financial statements as of December 31, 2024; December 31, 2023; and December 31, 2022.
Source: Item 21 — FINANCIAL STATEMENTS (FDD page 39)
What This Means (2025 FDD)
According to the 2025 Beggars Pizza FDD, the document includes audited financial statements. Specifically, Item 21 contains the Beggars Pizza Franchise, LLC Statement of Cash Flows. However, the provided excerpts do not include the actual figures detailing the net change in cash for 2022.
While the excerpts confirm that Beggars Pizza's financial statements, including the statement of cash flows, were audited by an independent auditor, the specific details regarding the net change in cash for 2022 are absent. The auditor's report expresses an opinion that the financial statements present fairly the cash flows for the years ended December 31, 2022 and 2021, but the actual cash flow statement is not provided in these excerpts.
A prospective Beggars Pizza franchisee should request a complete copy of the audited financial statements, including the Statement of Cash Flows, to review the net change in cash for 2022. This information is crucial for understanding the financial performance and stability of the franchisor. Reviewing the complete financial statements will provide a better understanding of Beggars Pizza's financial health.