What was the total amount of Beggars Pizza's current assets in 2022?
Beggars_Pizza Franchise · 2025 FDDAnswer from 2025 FDD Document
nal control related matters that we identified during the audit.
March 22, 2024
Beggars Pizza Franchise, LLC Balance Sheet December 31,
| Assets | 2023 | 2022 |
|---|---|---|
| Current assets: Cash Royalty receivables, net of allowance for credit losses of $10,000 in 2023 and 2022 | $ 223,946 |
Source: Item 21 — FINANCIAL STATEMENTS (FDD page 39)
What This Means (2025 FDD)
According to Beggars Pizza's 2025 Franchise Disclosure Document, the company's total current assets in 2022 were $290,074. This figure represents the sum of cash, royalty receivables (net of allowance for credit losses of $10,000), and other assets held by Beggars Pizza at the end of the 2022 fiscal year.
Understanding the composition of current assets is crucial for prospective franchisees. Current assets are those that can be converted into cash within one year, indicating the company's short-term financial health and liquidity. A healthy level of current assets suggests that Beggars Pizza is capable of meeting its short-term obligations and investing in future growth.
For a potential franchisee, this information provides insight into the financial stability of Beggars Pizza. Reviewing these figures over several years, as presented in the FDD, can reveal trends and patterns in the company's financial performance. It is important to note that while the FDD provides historical financial data, future performance may vary and is not guaranteed.