What was the total value of cash and cash equivalents held by Body Brain Center in 2022?
Body_Brain_Center Franchise · 2025 FDDAnswer from 2025 FDD Document
We have audited the financial statements of Body and Brain Center, LLC (the "Company") (an Arizona limited liability company and wholly owned subsidiary of Body & Brain Yoga and Health Centers, Inc.), which comprise the balance sheet as of December 31, 2023 and 2022, and the related statement of income and changes in member's equity, and cash flows for the year then ended, and the related notes to the financial statements. In our opinion, the accompanying financial statements present fairly, in all material respects, the financial position of Body and Brain Center, LLC as of December 31, 2023 and 2022, and the results of its operations and its cash flows for the years then ended in accordance with accounts principles generally accepted in the United States of America.
Source: Item 23 — RECEIPT (FDD pages 43–178)
What This Means (2025 FDD)
I am unable to provide the exact value of cash and cash equivalents held by Body Brain Center in 2022, according to the 2025 Franchise Disclosure Document. While the document includes the financial statements of Body Brain Center, specifically the balance sheets as of December 31, 2023 and 2022, and the related notes, it does not explicitly state the total value of cash and cash equivalents for 2022.
To obtain this information, a prospective franchisee should carefully review the balance sheets included within Item 23 of the FDD. If the specific figure is not apparent, they should consider asking Body Brain Center's management directly for clarification on the total value of cash and cash equivalents held by the company as of December 31, 2022.
Understanding the company's cash position is crucial for assessing its financial health and stability, which is a key factor in evaluating the franchise opportunity. Reviewing the complete audited financial statements and asking for specific details will provide a more comprehensive understanding of Body Brain Center's financial standing.