What was the net loss for Beyond Juicery Eatery for the year ended December 31, 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 company experienced a net loss of $348,805 for the year ending December 31, 2022. This loss contributed to a balance of $(1,722,534) as of December 31, 2022.
This information is crucial for potential franchisees as it provides insight into the financial performance of Beyond Juicery Eatery. A net loss indicates that the company's expenses exceeded its revenues during that period. While a single year's loss doesn't necessarily indicate long-term instability, it's a point that prospective franchisees should consider.
It is important to investigate the reasons behind the loss. Understanding whether it was due to increased investment in expansion, one-time expenses, or other factors can help in assessing the financial health and future prospects of Beyond Juicery Eatery. Reviewing subsequent years' financial statements, which show a net income of $230,515 in 2023 and $73,651 in 2024, provides a more complete picture of the company's financial trajectory. This trend suggests a potential turnaround, which could be a positive sign for potential investors.