What was the total value of Body Brain Center's accounts payable in 2022?
Body_Brain_Center Franchise · 2025 FDDAnswer from 2025 FDD Document
usive license to use the licensed materials for distribution of Brain Education Programs and/or operation of Body & Brain Center within the authorize
Source: Item 23 — RECEIPT (FDD pages 43–178)
What This Means (2025 FDD)
According to Body Brain Center's 2025 Franchise Disclosure Document, as of December 31, 2022, the company owed $9,906 to BR Consulting Inc., which was included in accounts payable in the accompanying 2021 balance sheet.
This indicates that Body Brain Center had an outstanding balance with BR Consulting Inc. at the end of 2022. However, the provided excerpt specifies that this amount was included in the accounts payable within the 2021 balance sheet, not the 2022 balance sheet.
Therefore, while we know about this specific liability to BR Consulting, the excerpt does not provide the total value of all accounts payable for Body Brain Center in 2022. A prospective franchisee would need to consult the full financial statements or request this information from the franchisor to determine the total accounts payable for that year.