As of June 30, 2025, what was the value of Belocal's cash and cash equivalents?
Belocal Franchise · 2025 FDDAnswer from 2025 FDD Document
| As of June 30, | | 2025 | | Assets | | | | Current assets: | | | | Cash and cash equivalents | $ | 7,231,415 |
Source: Item 23 — RECEIPTS (FDD pages 71–242)
What This Means (2025 FDD)
According to Belocal's 2025 Franchise Disclosure Document, as of June 30, 2025, Belocal had cash and cash equivalents totaling $7,231,415. This figure represents the amount of readily available funds Belocal had at its disposal on that specific date. Cash equivalents are defined as highly liquid investments with a maturity of three months or less.
This information is found within the balance sheets included in the FDD, which provide a snapshot of Belocal's financial position at the end of their fiscal year. The balance sheet lists assets, liabilities, and equity, with cash and cash equivalents being a key component of the current assets section.
For a prospective Belocal franchisee, this figure indicates the financial health and liquidity of the franchisor. A strong cash position suggests that Belocal is financially stable and able to support its franchisees. However, it's important to consider this figure in conjunction with other financial data, such as liabilities and overall profitability, to gain a comprehensive understanding of Belocal's financial standing.