What was the total reported value of current assets for Browns Chicken in 2024?
Browns_Chicken Franchise · 2025 FDDAnswer from 2025 FDD Document
| CURRENT ASSETS: | ||
|---|---|---|
| Cash and Cash Equivalents | $ 37,437 | $ 78,676 |
| Cash - VIE | 20,532 | 65,330 |
| Accounts Receivable (Net of Allowance for Doubtful | ||
| Accounts of $0 in 2024 and $7,999 in 2023) | 21,293 | 43,420 |
| Accounts Receivable - VIE (Net of Allowance for | ||
| Doubtful Accounts of $0 in 2024 and $0 in 2023) | 14,423 | 24,810 |
| Uniform & Equipment Inventory | 4,625 | 4,968 |
| Prepaid Expenses | 4,350 | 6,750 |
| Total Current Assets | 102,660 | 223,954 |
Source: Item 23 — RECEIPT (FDD pages 43–202)
What This Means (2025 FDD)
According to Browns Chicken's 2025 Franchise Disclosure Document, the total current assets for 2024 were $102,660. This figure represents the sum of Browns Chicken's cash and cash equivalents, accounts receivable (net of allowance for doubtful accounts), uniform and equipment inventory, and prepaid expenses.
Understanding the composition of current assets is crucial for prospective franchisees. Cash and cash equivalents indicate the company's immediate liquidity, while accounts receivable reflect money owed to Browns Chicken. Inventory represents the value of uniforms and equipment on hand, and prepaid expenses are costs paid in advance for services or goods.
A review of the current assets can provide insights into the financial health and operational efficiency of Browns Chicken. Significant changes in these figures from year to year could signal shifts in the company's financial strategy or performance, which potential franchisees should investigate further.