What was the total amount of Beggars Pizza's members' equity 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 of $10,000 in 2023 and 2022 | $ 223,946 120,986 | $ 174,543 115,531 |
| Other assets | $ 85,551 | $ - |
| Total assets | 430,483 | 290,074 |
| Liabilities and Members' Equity | ||
| Current liabilities: Accounts payable Accrued state taxes Deferred franchise fees | $ 41,196 690 25,000 | $ 15,371 35,669 37,500 |
| Tot |
Source: Item 21 — FINANCIAL STATEMENTS (FDD page 39)
What This Means (2025 FDD)
According to Beggars Pizza's 2025 Franchise Disclosure Document, the total members' equity for Beggars Pizza in 2023 was $363,597. This figure represents the ownership stake of the members in the company's assets after deducting liabilities. It is a key indicator of the financial health and stability of the franchise system.
For a prospective franchisee, understanding the members' equity can provide insights into the financial structure of Beggars Pizza. A higher members' equity generally suggests a stronger financial foundation, which can be reassuring. It reflects the accumulated profits and investments in the company over time.
However, it's important to consider this figure in conjunction with other financial metrics, such as assets and liabilities, to get a comprehensive view. While a positive members' equity is generally favorable, potential franchisees should also assess the trend over multiple years to understand the direction of the company's financial performance. Reviewing the complete financial statements and consulting with a financial advisor is advisable to make an informed decision about investing in a Beggars Pizza franchise.