table_specific

What was the total current assets amount for Brueggers Bagels as of December 31, 2024?

Brueggers_Bagels Franchise · 2025 FDD

Answer from 2025 FDD Document

that we identified during the audit.

Denver, Colorado March 27, 2025

CARIBOU COFFEE COMPANY, INC. AND SUBSIDIARIES CONSOLIDATED BALANCE SHEETS

(in thousands (except share information))

December 31, 2024 December 26, 2023
ASSETS
Current assets:
Cash and cash equivalents $ 69,161 $ 75,357
Trade accounts receivable, net 17,930 27,649
Ot

Source: Item 21 — FINANCIAL STATEMENTS (FDD page 61)

What This Means (2025 FDD)

According to Brueggers Bagels' 2025 Franchise Disclosure Document, the company's total current assets as of December 31, 2024, were $112,854. This figure represents the sum of Brueggers Bagels' cash and cash equivalents, trade accounts receivable (net), other accounts receivable, inventories, and prepaid expenses and other assets at that specific point in time.

For a prospective franchisee, understanding the composition and value of current assets is crucial. Current assets are those that can be readily converted into cash within a year, indicating the company's short-term financial health and liquidity. A higher value of current assets suggests that Brueggers Bagels has sufficient resources to meet its immediate obligations and invest in growth opportunities. Conversely, a lower value might raise concerns about the company's ability to manage its short-term liabilities.

It's also useful to compare the current asset value with the previous year's figure. In this case, the total current assets as of December 26, 2023, were $137,266. The decrease in current assets from 2023 to 2024 could be due to various factors, such as increased spending, changes in inventory management, or fluctuations in accounts receivable. A potential franchisee should investigate the reasons behind this change to gain a deeper understanding of Brueggers Bagels' financial performance and management strategies. Reviewing the balance sheet in the FDD provides a snapshot of the company's financial position and should be carefully considered as part of due diligence.

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.