What was the change in the value of 'Franchise fees receivable, net' for Boulder Designs from 2023 to 2024?
Boulder_Designs Franchise · 2025 FDDAnswer from 2025 FDD Document
ess of significant accounting estimates made by management, as well as evaluate the overall presentation of the financial statements.
- Conclude whether, in our judgment, there are conditions or events, considered in the aggregate, that raise substantial doubt about the Company's ability to continue as a going concern for a reasonab
Source: Item 23 — RECEIPT (FDD pages 50–217)
What This Means (2025 FDD)
According to Boulder Designs' 2025 Franchise Disclosure Document, the franchise fees receivable, net, changed from 2023 to 2024. In 2023, the franchise fees receivable, net was $553,156, and in 2024, the franchise fees receivable, net was $397,028. This represents a decrease of $156,128 in franchise fees receivable, net from 2023 to 2024.
Franchise fees receivable represent the amount of initial and other franchise fees that Boulder Designs has earned but not yet collected from its franchisees. A decrease in this figure could indicate several things, such as more efficient collection of fees, fewer new franchises being sold, or changes in payment terms offered to franchisees.
For a prospective Boulder Designs franchisee, this information is relevant because it provides insight into the financial health and revenue streams of the franchisor. Monitoring the trend of franchise fees receivable can help assess the stability and growth of the Boulder Designs franchise system. A significant or consistent decrease may warrant further investigation into the reasons behind the change and its potential impact on the franchisor's ability to support its franchisees.