What is the difference in cash and cash equivalents between 2023 and 2024 for Bens Soft Pretzels?
Bens_Soft_Pretzels Franchise · 2025 FDDAnswer from 2025 FDD Document
p, P.C.
Elkhart, IN June 9, 2025
BEN'S SOFT PRETZELS FRANCHISING CORPORATION BALANCE SHEETS
December 31, 2024, 2023, and 2022
| 2024 | 2024 2023 | 2022 |
|---|
Source: Item 21 — FINANCIAL STATEMENTS (FDD page 46)
What This Means (2025 FDD)
According to Bens Soft Pretzels' 2025 Franchise Disclosure Document, the company's cash and cash equivalents increased from $487,528 in 2023 to $542,890 in 2024. This represents an increase of $55,362 in cash and cash equivalents during that period. Cash and cash equivalents are defined by Bens Soft Pretzels as unrestricted highly liquid investments with an initial maturity of three months or less.
For a prospective franchisee, this increase suggests that Bens Soft Pretzels experienced positive cash flow and improved liquidity during the 2023-2024 fiscal year. Strong cash reserves can enable the franchisor to invest in further developing the brand, supporting franchisees, and navigating economic downturns. Franchisees benefit from a financially stable franchisor.
However, it is important to consider this change in the context of the company's overall financial performance. Reviewing the complete financial statements, including statements of income and cash flow, will provide a more comprehensive understanding of the factors driving this increase in cash and its sustainability. Additionally, prospective franchisees should inquire about how Bens Soft Pretzels plans to utilize its cash reserves to support its franchisees and grow the brand.