What were the total non-current assets for Bombs Away?

According to Bombs Away's 2024 Franchise Disclosure Document, the company's balance sheet as of December 31, 2023, shows that the total non-current assets were reported as '-'. This indicates that Bombs Away did not have any assets classified as non-current during this period.

Non-current assets typically include items that are not expected to be converted to cash within one year, such as property, equipment, and long-term investments. The absence of non-current assets on Bombs Away's balance sheet could reflect the nature of its business operations or its stage of development as a franchise system.

A prospective franchisee should further investigate the types of assets Bombs Away utilizes in its operations and how the company plans to invest in long-term assets as it grows. Understanding the asset structure of Bombs Away can provide insights into its financial strategy and potential capital needs.

Furthermore, it's important to note that the balance sheet also presents the assets, liabilities, and equity for the company. For December 31, 2023, Bombs Away reported total current assets of $50,000, and total assets of $50,000. The liabilities section shows total current liabilities and total non-current liabilities as '-'. The owner's equity is listed as $50,000.