What was the balance of notes receivable for Beyond Juicery Eatery as of December 31, 2024?
Beyond_Juicery_Eatery Franchise · 2025 FDDAnswer from 2025 FDD Document
As disclosed in Note 4, the Company has a note receivable due from a related party that does not bear interest and matures in 2028. The note was created during 2022 and was converted from existing accounts receivable.
Source: Item 23 — RECEIPTS (FDD pages 60–337)
What This Means (2025 FDD)
According to Beyond Juicery Eatery's 2025 Franchise Disclosure Document, the company has a note receivable due from a related party. The note does not bear interest and matures in 2028. The note was created during 2022 and was converted from existing accounts receivable. The FDD does not state the balance of the notes receivable as of December 31, 2024.
While the document mentions the existence of a note receivable and its terms, it omits the actual balance. This information is crucial for potential franchisees to assess the company's financial health and understand the nature of its related-party transactions. Knowing the size of the note receivable helps in evaluating the company's liquidity and the potential risk associated with this asset.
A prospective franchisee should ask Beyond Juicery Eatery for the specific balance of the notes receivable as of December 31, 2024, 2023, and 2022 to gain a clearer picture of the company's financial position and the significance of this related-party transaction. Requesting the historical balances would also provide insight into the trend and any changes in the notes receivable over time.