What was the total value of Browns Chicken's uniform and equipment inventory in 2022?
Browns_Chicken Franchise · 2025 FDDAnswer from 2025 FDD Document
lano,Caboor & Co.*
Catalano, Caboor & Co. Lombard, IL
March 31, 2024
BROWN'S CHICKEN, LLC CONSOLIDATED BALANCE SHEETS DECEMBER 31, 2023 AND 2022
ASSETS
| 2023 | 2022 | |||
|---|---|---|---|---|
| CURRENT ASSETS: | ||||
| Cash and Cash Equivalents | $ | 78,676 | $ | 60,971 |
| Cash - VIE | 65,330 | 42,971 | ||
| Accounts Receivable (Net of Allowance for Doubtful | ||||
| Accounts of $7,999 in 2023 and $8,588 in 2022) | 43,420 | 45,891 | ||
| Accounts Receivable - VIE (Net of Allowance for | ||||
| Doubtful Accounts of $0 in 2023 and $0 in 2022) | 24, |
Source: Item 21 — FINANCIAL STATEMENTS (FDD page 42)
What This Means (2025 FDD)
According to Browns Chicken's 2025 Franchise Disclosure Document, the total value of the company's uniform and equipment inventory in 2022 was $4,373. This figure is part of the company's consolidated balance sheets, reflecting the financial status of Browns Chicken at the end of the year. The balance sheets are audited, providing an added layer of assurance regarding the accuracy of the reported figures.
For a prospective franchisee, this number provides insight into the scale of Browns Chicken's investment in essential operational items like uniforms and equipment. While this specific inventory value may not directly impact a franchisee's initial investment, it does reflect the franchisor's approach to maintaining and valuing its assets. Understanding the franchisor's asset management practices can be useful when evaluating the overall financial health and stability of the Browns Chicken franchise system.
It's important to note that this figure represents the value of Browns Chicken's corporate-owned inventory and not the inventory held by individual franchisees. Franchisees will need to manage their own inventory of uniforms and equipment, the costs of which are detailed elsewhere in the FDD. Reviewing the complete financial statements and related notes can give potential franchisees a more comprehensive understanding of Browns Chicken's financial performance and asset management strategies.