What were the total assets for Beggars Pizza in 2024?
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 Beggars Pizza's 2025 Franchise Disclosure Document, the company's balance sheet includes its assets as of December 31, 2024. However, the specific total asset figure is not present in the provided excerpts.
While the excerpts offer details such as the independent auditor's report, significant accounting policies, royalty receivables, and revenue recognition methods, they do not explicitly state the total assets for Beggars Pizza in 2024. The excerpts do mention that the allowance for credit losses was $10,000 at December 31, 2024, and that initial franchise fees included in revenue was $8,250 for the year ended December 31, 2024.
A prospective franchisee should directly request the complete audited financial statements, including the balance sheet, from Beggars Pizza to ascertain the total assets, liabilities, and equity for 2024. This information is crucial for assessing the financial health and stability of the franchisor.