table_specific

What was the net cash provided by operating activities for Buona in 2023?

Buona Franchise · 2025 FDD

Answer from 2025 FDD Document

--------------|------------------|----------------|-----------------| | BEGINNING BALANCE, JANUARY 2, 2023 | $ 5,583 | $ 294 | $ 5,877 | | Net Loss | (121,710) | (6,406) | (128,116) | | ENDING BALANCE, DECEMBER 31, 2023 | (116,127) | (6,112) | (122,239) | | Net Loss | (109,233) | (5,749) | (114,982) | | ENDING BALANCE, DECEMBER 29, 2024 | $ (225,360) | $ (11,861) | $ (237,221) |

DECEMBER 29, 2024 AND DECEMBER 31, 2023 FOR THE FISCAL YEARS ENDED STATEMENTS OF CASH FLOWS CHICAGO'S ORIGINAL ITALIAN BEEF FRANCHISING LLC

2024 2023
CASH FLOWS FROM OPERATING ACTIVITIES

Source: Item 22 — CONTRACTS (FDD page 78)

What This Means (2025 FDD)

According to Buona's 2025 Franchise Disclosure Document, the net cash provided by operating activities in 2023 was $148,335. This indicates the amount of cash Buona generated from its core business operations during that year. This figure is an important indicator of the company's financial health and its ability to fund future growth or expansion.

Specifically, the FDD outlines various factors contributing to this net cash flow. These include adjustments to reconcile net loss, changes in assets and liabilities such as prepaid insurance, accounts payable, accrued accounts payable, due to affiliate balances, deferred revenue, and deposits from training fees. These individual line items reflect the various financial transactions and obligations that Buona manages as part of its operations.

For a prospective franchisee, this information is valuable in assessing Buona's financial stability and operational efficiency. A positive net cash flow from operating activities suggests that Buona is effectively managing its resources and generating sufficient cash from its business activities. This can provide reassurance to potential franchisees regarding the franchisor's ability to support their franchisees and maintain a healthy franchise system. It's worth noting that while the net cash provided by operating activities was positive in 2023, it decreased to $(151,609) in 2024, indicating a potential shift in the company's financial performance.

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.