According to the cash flow statement, what was the net income for Body20?
Body20 Franchise · 2025 FDDAnswer from 2025 FDD Document
| CURRENT ASSETS Cash | $ 1,000,000 |
|---|---|
| Total assets | $ 1,000,000 |
| LIABILITIES AND MEMBER'S EQUITY | |
| TOTAL LIABILITIES | $ - |
| Current liabilities | |
| Total liabilities | - |
| MEMBER'S EQUITY | $ 1,000,000 |
| Total liabilities and member's equity | $ 1,000,000 |
Sequel Brands Holdings, LLC
**Statement of Operations and Member's Equity Period from Apr
Source: Item 23 — RECEIPT (FDD pages 74–251)
What This Means (2025 FDD)
According to Body20's 2025 Franchise Disclosure Document, the cash flow statement shows a net income of "$ -" for the period. This statement of cash flows covers the period from April 8, 2025 (inception) through April 30, 2025.
Additionally, the cash flow statement shows cash flows from financing activities of $1,000,000, which is listed as a contribution from a member. The net change in cash is $1,000,000, with the cash at the beginning of the period listed as "-" and the cash at the end of the period listed as $1,000,000.
It is important to note that this cash flow statement is for Sequel Brands Holdings, LLC, which is the parent company of Body20 Franchisor LLC. This statement reflects the financial activities of the parent company during a specific period and may not directly represent the financial performance of individual Body20 franchise locations. A prospective franchisee should review the financial statements carefully and consult with a financial advisor to understand the implications for their investment.