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What was the cash at the end of the period for Bombs Away Franchising LLC?

Bombs_Away Franchise · 2024 FDD

Answer from 2024 FDD Document

BOMBS AWAY FRANCHISING LLC BALANCE SHEET DECEMBER 31, 2023

Source: Item 21 — FINANCIAL STATEMENTS (FDD page 35)

What This Means (2024 FDD)

According to Bombs Away's 2024 Franchise Disclosure Document, the balance sheet for December 31, 2023 is provided. However, the excerpt does not contain the specific cash balance for Bombs Away Franchising LLC at the end of the period.

While the FDD includes the balance sheet and other financial statements, the actual figures for assets like cash are not present in the provided excerpts. The financial statements are referenced as being audited by an independent accountant, and the audit report is included, but the detailed numbers are absent.

A prospective franchisee should carefully review the full audited financial statements within Item 21 of the FDD to ascertain the cash position of Bombs Away. Understanding the company's cash flow and overall financial health is crucial for evaluating the stability and potential risks associated with investing in a Bombs Away franchise. It would be prudent to ask the franchisor for a complete copy of the financial statements if they are not fully included in the FDD.

Disclaimer: This information is extracted from the 2024 Franchise Disclosure Document and is provided for research purposes only. It does not constitute legal or financial advice. Consult with a franchise attorney before making any investment decisions.