What was the balance for Beyond Juicery Eatery as of January 1, 2022?
Beyond_Juicery_Eatery Franchise · 2025 FDDAnswer from 2025 FDD Document
,008 | 2,995,126 | 2,915,946 | | | Members' Deficit | | (1,497,118) | (1,492,019) | (1,722,534) | | | | Total liabilities and members' deficit | $1,304,890 $ | 1,503,107 $ | 1,193,412 | |
Beyond Juicery + Eatery Franchising, LLC
Statement of Members' Deficit
Years Ended December 31, 2024, 2023, and 2022
| Balance - January 1, 2022 | $ (1,369,719) | |-----
Source: Item 23 — RECEIPTS (FDD pages 60–337)
What This Means (2025 FDD)
According to Beyond Juicery Eatery's 2025 Franchise Disclosure Document, the balance as of January 1, 2022, was a deficit of $1,369,719. The document also provides information on the net loss and distributions that occurred during 2022, which contributed to the balance at the end of that year. Specifically, the net loss for the period was ($348,805), and distributions amounted to ($4,010). These figures, when combined with the starting balance, resulted in a balance of ($1,722,534) as of December 31, 2022.
For a prospective franchisee, this data offers insight into the financial standing of Beyond Juicery Eatery during that period. Understanding the company's financial performance, including its losses and distributions, can help potential franchisees assess the overall financial health and stability of the franchisor. This information is crucial for making informed decisions about investing in a franchise.
It's important to note that the document also includes financial data for subsequent years, such as 2023 and 2024, allowing for a comparative analysis of the company's financial trends over time. Reviewing these trends can provide a more comprehensive understanding of the franchisor's financial performance and potential risks or opportunities for franchisees.