What were the total current assets for Big Blue Swim School as of December 31, 2024?
Big_Blue_Swim_School Franchise · 2025 FDDAnswer from 2025 FDD Document
liminated in order to improve operating cash flows, as needed, in the future.
As of December 31, 2024, the Company had $579,182 of unrestricted cash. The Company has positive working capital of $726,835, of which $124,919 of current liabilities are related to de
Source: Item 21 — FINANCIAL STATEMENTS (FDD page 75)
What This Means (2025 FDD)
According to Big Blue Swim School's 2025 Franchise Disclosure Document, as of December 31, 2024, the company had positive working capital of $726,835. This figure represents the excess of the company's current assets over its current liabilities.. The FDD also notes that $124,919 of current liabilities are related to deferred revenue, which Big Blue Swim School expects to recognize as revenue in the next year.
It is important to note that while the FDD mentions the positive working capital, it does not explicitly state the total value of current assets. Instead, it provides the net result after subtracting current liabilities.
Prospective franchisees should request a full balance sheet from Big Blue Swim School to understand the composition and value of current assets, including cash, accounts receivable, and inventory. Understanding the specific assets and liabilities is crucial for assessing the financial health and stability of the franchisor.