What was the net payable for Beyond Juicery Eatery at the end of the 2024 fiscal year?
Beyond_Juicery_Eatery Franchise · 2025 FDDAnswer from 2025 FDD Document
rantee, the Company could seek to recover those amounts from the affiliate; however, the Company does not hold specific recourse or collateral rights in connection with the guarantee. As of December 31, 2024, the Company is unaware of any circumstances that would require performance under this guarantee.
Expenses and Reimbursements
The Compa
Source: Item 23 — RECEIPTS (FDD pages 60–337)
What This Means (2025 FDD)
According to Beyond Juicery Eatery's 2025 Franchise Disclosure Document, at the end of the 2024 fiscal year, the company had a net payable of $588,090. The FDD also provides the net payable amounts for the two preceding years. At the close of 2023, the net payable was $762,765, and at the end of 2022, it was $730,123.
This net payable represents the amount Beyond Juicery Eatery owed to related parties after considering expenses paid on their behalf and vice versa. These related parties sometimes pay expenses on behalf of Beyond Juicery Eatery, creating a reciprocal arrangement. The company records these transactions as receivables and payables based on their nature.
For a prospective franchisee, this information provides insight into the financial relationships between Beyond Juicery Eatery and its related entities. While it's common for franchisors to have dealings with affiliated companies, the magnitude and fluctuations in the net payable could warrant further investigation to understand the underlying transactions and their potential impact on the franchisor's financial stability. It would be prudent for a potential franchisee to seek clarification from Beyond Juicery Eatery regarding the nature of these related-party transactions and their implications for the franchise system.