What was the cash, cash equivalents, and restricted cash at the beginning of 2023 for Body Brain Center?
Body_Brain_Center Franchise · 2025 FDDAnswer from 2025 FDD Document
istration fee | | 2,619 | | 1,779 | | Commission Income | | 8,058 | | 19,297 | | Total Revenue | | 375,479 | | 496,025 | | Operating Expenses | | 463,738 | | 520,908 | | Operating Income | | (88,259) | | (24,882) | | Other Income | | | | | | Interest income | | 24,309 | | 8,526 | | Employee leasing income | | 13,180 | | 19,928 | | Other income | | 57,666 | | 3,542 | | Other Income | | 95,155 | | 31,996 | | Net Income | | 6,896 | | 7,114 | | Beginning Member's Equity | | 908,907 | | 901,793 | | Ending Member's Equity | s | 915,803 | _$ | 908,907 |
Statement of Cash Flows
Years Ended December 31, 2023 and 2022
| 2023 | 2022 | |
|---|---|---|
| Cash Flows from Operating Activities | ||
| Net Income | $ 6,896 | $ 7,114 |
| Adjustments to reconcile net income to net cash provided | ||
| by operationg activities | ||
| Operating lease right-of-use assets | 32,250 | (83,216) |
| Operating lease liabilities | (32,049) | 84,076 |
| Changes in operating assets and liabilities: | ||
| (Increase) decrease in | ||
| Accounts receivable | (51) | (2,676) |
| Interest receivable | (246) | (390) |
| Others receivable | 200 | 28,503 |
| Prepaid expenses | (8,089) | (604) |
| Increase (decrease) in | ||
| Accounts payable | 9,829 | 2,302 |
| Accrued liabilities | (464) | (14) |
| Deferred revenue | (51,000) |
Source: Item 23 — RECEIPT (FDD pages 43–178)
What This Means (2025 FDD)
According to Body Brain Center's 2025 Franchise Disclosure Document, the cash, cash equivalents, and restricted cash at the beginning of 2023 was $693,826. This figure represents the total liquid assets Body Brain Center had available at the start of that year.
For a prospective franchisee, understanding the franchisor's cash position can be an indicator of financial stability. A healthy cash balance suggests that Body Brain Center has sufficient resources to support its operations and potentially invest in franchisee support, training, and marketing initiatives.
However, it is essential to consider this figure in conjunction with other financial metrics and trends. Reviewing the changes in cash flow, as well as the overall financial statements, will provide a more comprehensive understanding of Body Brain Center's financial health and its ability to support its franchisees.