What was the total value of cash and cash equivalents held by Black Bear Diner in 2023?
Black_Bear_Diner Franchise · 2025 FDDAnswer from 2025 FDD Document
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, that raise substantial doubt about BBDI LLC's ability to continue as a going concern for a reasonable period of time.
We are required to communicate with those charged with governance regarding, among other matters, the planned scope and timing of the audit, significant audit findings, and certain internal control–related matters that we identified during
Source: Item 23 — RECEIPT (FDD pages 56–243)
What This Means (2025 FDD)
According to Black Bear Diner's 2025 Franchise Disclosure Document, the company's cash and cash equivalents totaled $6,875,480 in 2023. This figure represents the amount of readily available cash and assets that can quickly be converted to cash that Black Bear Diner had on hand at the end of their fiscal year.
In addition to cash and cash equivalents, Black Bear Diner also held $595,018 in restricted cash in 2023. Restricted cash is cash that is set aside for a specific purpose and is not available for general use. The combination of cash and cash equivalents and restricted cash totaled $7,470,498 for Black Bear Diner in 2023.
Prospective franchisees should consider these figures in the context of Black Bear Diner's overall financial health and stability. A healthy cash position can indicate the company's ability to meet its short-term obligations and invest in future growth. It is also worth noting that the company's cash and cash equivalents increased from $4,444,448 in 2022 to $6,875,480 in 2023.