How much did Buildingstars receive in proceeds from the sale of property and equipment in 2022?
Buildingstars Franchise · 2025 FDDAnswer from 2025 FDD Document
| Years Ended December 31, | ||||||
|---|---|---|---|---|---|---|
| 2024 | 2023 | 2022 | ||||
| INVESTING ACTIVITIES | ||||||
| Purchase of property and equipment | (24,842) | - | (23,004) | |||
| Acquisition of business | - | - | (682,738) | |||
| Proceeds from sale of property and equipment | - | - | 21,520 | |||
| Repayment from (advances to) related parties | 664,324 | (70,969) | 130,691 | |||
| Net cash provided (used) by investing activities | 639,482 | (70,969) | (553,531) |
Source: Item 20 — OUTLETS AND FRANCHISEE INFORMATION (FDD pages 34–43)
What This Means (2025 FDD)
According to Buildingstars's 2025 Franchise Disclosure Document, the company received $21,520 in proceeds from the sale of property and equipment during the year ended December 31, 2022. This information is derived from the consolidated statements of cash flows.
For a prospective Buildingstars franchisee, this figure provides insight into the company's investing activities. Proceeds from the sale of property and equipment can fluctuate yearly based on the company's decisions to dispose of assets. This can be influenced by factors such as upgrading equipment or downsizing facilities.
It's important to note that this is a single data point and should be considered alongside other financial information in the FDD, such as revenue, expenses, and overall profitability, to gain a comprehensive understanding of Buildingstars's financial health. Reviewing these trends over several years can provide a more informed perspective on the company's asset management strategies.