What was the total stockholders' equity reported for Burros Fries in the provided financial statement?

Based on the 2024 Franchise Disclosure Document, the balance sheet for Burros & Fries Franchise Inc. as of October 31, 2024, includes a section for "Liabilities and Stockholders' Equity." However, the provided excerpts do not contain the specific figures for total stockholders' equity.

Because the financial statement was not subjected to an audit, review, or compilation engagement, the FDD states that management elected to omit ALL of the disclosures ordinarily included in financial statements prepared in accordance with the income tax basis of accounting. The FDD notes that if the omitted disclosures were included in the financial statements, they might influence the user's conclusions about the company's assets, liabilities, equity, revenue, and expenses.

A prospective Burros Fries franchisee should request a complete copy of the financial statements, including all disclosures and the specific amount of stockholders' equity, from the franchisor. This information is crucial for assessing the financial health and stability of Burros Fries.