When does the note receivable from the related party mature for Beyond Juicery Eatery?
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 from a related party. This note does not bear interest and is scheduled to mature in 2028. The note was initially created in 2022 and resulted from the conversion of existing accounts receivable.
For a prospective franchisee, this information is relevant because it provides insight into the financial transactions between Beyond Juicery Eatery and its related parties. Understanding the nature and terms of these transactions can help franchisees assess the financial stability and practices of the franchisor.
It is important to note that the note receivable does not bear interest, which could be a factor to consider when evaluating the overall financial picture of the company. Additionally, the fact that the note was converted from existing accounts receivable suggests a history of financial dealings between the company and its related party. Franchisees should consider discussing this note receivable with Beyond Juicery Eatery to fully understand the details and implications.