What were the total assets of Bft as of December 31, 2024?
Bft Franchise · 2025 FDDAnswer from 2025 FDD Document
statements.
- Obtain an understanding of internal control relevant to the audit in order to design audit procedures that are appropriate in the circumstances, but not for the purpose of expressing an opinion on the effectiveness of the Company's internal control. Accordingly, no such opinion is expressed.
- Evaluate the appropriateness of accounting policies used and the reasonableness of significant accounting estimates made by management, as well as evaluate the overall presentation of the financial statements.
- Conclude whether, in our judgment, there are conditions or events, considered in the aggregate, tha
Source: Item 23 — RECEIPTS (FDD pages 79–265)
What This Means (2025 FDD)
According to Bft's 2025 Franchise Disclosure Document, the company's total assets as of December 31, 2024, were $150,390. The FDD also provides a breakdown of the assets. Current assets totaled $18,509 and included cash and cash equivalents of $8,593, accounts receivable (net) of $5,874, prepaid expenses and other current assets of $136, and deferred costs (current portion) of $3,906.
In addition to current assets, Bft held property and equipment (net) valued at $7,898, intangible assets (net) of $86,485, deferred costs (net of current portion) of $36,935, and other assets worth $563. These figures provide a snapshot of the company's financial health and resource allocation at the end of 2024.
A prospective franchisee should consider these asset figures in relation to Bft's liabilities and equity, also detailed in the FDD. Analyzing the composition of Bft's assets can offer insights into the company's liquidity, solvency, and overall financial stability, which are crucial factors when evaluating a franchise opportunity.