factual

What is the total of Belocal's current assets as of June 30, 2025?

Belocal Franchise · 2025 FDD

Answer from 2025 FDD Document

Name Ownership Interest in Nature of Interest
Franchisee
As of June 30, 2025
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Assets
Current assets:
Cash and cash equivalents $ 7,231,415
Prepaid expenses 727,353
Prepaid taxes 2,013
Due from affiliate 4,217,245
Total current assets 12,178,026
Deferred tax asset 9
Total assets $ 12,178,026
Liabilities and Stockholders' Equity
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Current liabilities: Accounts payable $ The state of the state of the state of the state of the state of the state of the state of the state of the state of the state of the state of the state of the state of the state of the state of the state of the state of the state of the state of the state of the state of the state of the state of the state of the state of the state of the state of the state of the state of the state of the state of the state of the state of the state of the state of the state of the state of the state of the state of the state of the state of the state of the state of the state of the state of the state of the state of the state of the state of the state of the state of the state of the state of the state of the state of the state of the state of the state of the state of the state of the state of the state of the state of the state of the state of the state of the state of the state of the state of the state of the state of the state of the state of the state of the state of the state of the state of the state of the state of the state of the state of the state of the state of the state of the state of the state of the state of the state of the state of the state of the state of the state of the state of the state of the state of the state of the state of the state of the state of the state of the state of the state of the state of the state of the state of the state of the state of the state of the state of the state of the state of the state of the state of the state of the state of the state of the state of the state of the state of the state of the state of the state of the state of the state of the state of the state of the state of the state of the state of the state of the state of the state of the state of the state of the state of the state of the state of the state of the state of the state of the state of the state of the state of the state of the state of the state of the state of the state of the state of the state of the state of the state of the state of the state of the state of the state of the state of the s
Current liabilities: Accounts payable Accrued expenses $ 4,456,337
Current liabilities: Accounts payable Accrued expenses Taxes payable s 4,456,337 259,649
Current liabilities: Accounts payable Accrued expenses Taxes payable Deferred revenue Total current liabilities 4,456,337 259,649 37,149
Current liabilities: Accounts payable Accrued expenses Taxes payable Deferred revenue Total current liabilities $ 4,456,337 259,649 37,149
Current liabilities: Accounts payable Accrued expenses Taxes payable Deferred revenue Total current liabilities Stockholders' Equity: $ 4,456,337 259,649 37,149
Current liabilities: Accounts payable Accrued expenses Taxes payable Deferred revenue Total current liabilities Stockholders' Equity: Common stock, $0.001 par value, 1,000,000 shares $ 4,456,337 259,649 37,149 4,771,003
Current liabilities: Accounts payable Accrued expenses Taxes payable Deferred revenue Total current liabilities Stockholders' Equity: Common stock, $0.001 par value, 1,000,000 shares authorized; 110,000 shares issued and outstanding s 4,456,337 259,649 37,149 4,771,003
Current liabilities: Accounts payable Accrued expenses Taxes payable Deferred revenue Total current liabilities Stockholders' Equity: Common stock, $0.001 par value, 1,000,000 shares authorized;

Source: Item 23 — RECEIPTS (FDD pages 71–242)

What This Means (2025 FDD)

According to Belocal's 2025 Franchise Disclosure Document, the company's total current assets as of June 30, 2025, amounted to $12,178,026. This figure represents the sum of Belocal's cash and cash equivalents ($7,231,415), prepaid expenses ($727,353), prepaid taxes ($2,013), and the amount due from an affiliate ($4,217,245).

For a prospective franchisee, understanding the composition of these current assets is crucial. Cash and cash equivalents indicate the company's readily available funds. Prepaid expenses represent payments made for goods or services not yet received, while prepaid taxes reflect taxes paid in advance. The 'due from affiliate' amount signifies money owed to Belocal by a related entity, which could introduce a degree of risk depending on the affiliate's financial stability.

It's also important to note that the total assets reported are equal to the total current assets, implying that Belocal's assets are primarily liquid or expected to be converted to cash within a year. A potential franchisee should investigate the nature of the affiliate relationship and the likelihood of collecting the amount due, as this could impact Belocal's overall financial health.

Disclaimer: This information is extracted from the 2025 Franchise Disclosure Document and is provided for research purposes only. It does not constitute legal or financial advice. Consult with a franchise attorney before making any investment decisions.