What was the total amount of Beggars Pizza's current assets in 2023?
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 |
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 for 2023 were $430,483. This figure is comprised of several components, including cash, royalty receivables (net of allowance for credit losses), and other assets.
Specifically, the current assets include cash amounting to $223,946, royalty receivables (net of allowance for credit losses of $10,000) totaling $120,986, and other assets valued at $85,551. These individual asset categories combine to make up the total current assets figure for Beggars Pizza in 2023.
A prospective franchisee should pay attention to these figures as they provide insight into the financial health and liquidity of Beggars Pizza. Understanding the composition of current assets can help a franchisee assess the company's ability to meet its short-term obligations and manage its working capital effectively. Reviewing these figures over multiple years, as presented in the FDD, can also reveal trends and patterns in the company's financial performance.