table_specific

How much did Brain Balance spend on issuance of notes receivable in 2024?

Brain_Balance Franchise · 2025 FDD

Answer from 2025 FDD Document

Issuance of notes receivable (61,946) - -

Source: Item 23 — RECEIPTS (FDD pages 72–292)

What This Means (2025 FDD)

According to Brain Balance's 2025 Franchise Disclosure Document, the company spent $61,946 on the issuance of notes receivable in 2024. This is reflected in the cash flow statement under cash flows from investing activities. Notes receivable typically represent loans made by Brain Balance to franchisees or other parties.

The issuance of notes receivable indicates that Brain Balance provided financing to others, possibly to facilitate the establishment or expansion of franchise locations. This outlay of cash is considered an investment because Brain Balance expects to receive the principal back, along with interest, over the term of the note.

For a prospective franchisee, this information is relevant because it shows how Brain Balance manages its finances and supports its franchisees. The fact that Brain Balance issues notes receivable suggests they are willing to invest in their franchisees' success. However, franchisees should also consider the potential risk involved, as the franchisor's financial health could be impacted by the performance of these notes receivable. It is important to investigate the terms and conditions of these notes, as well as the criteria for franchisees to qualify for such financing.

Disclaimer: This information is extracted from the 2025 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.