What was the net cash provided by financing activities for Bw Premier Collection in 2023 (in thousands)?
Bw_Premier_Collection Franchise · 2025 FDDAnswer from 2025 FDD Document
| (in thousands) | 2023 | 2022 |
|---|---|---|
| CASH FLOWS FROM FINANCING ACTIVITIES: | ||
| Repayment of construction loan | $ (456) | $ - |
| Proceeds from construction loans | 1,135 | 12,515 |
| NET CASH PROVIDED BY FINANCING ACTIVITIES | 679 | 12,515 |
Source: Item 23 — Receipts (FDD pages 54–203)
What This Means (2025 FDD)
According to Bw Premier Collection's 2025 Franchise Disclosure Document, the net cash provided by financing activities in 2023 was $679,000. This figure represents the net result of all financing activities, including proceeds from and repayment of loans.
Specifically, this amount is calculated from $1,135,000 in proceeds from construction loans, less $456,000 in repayment of construction loan. This indicates that Bw Premier Collection obtained more funds through financing than it repaid during the year.
For a prospective franchisee, understanding the franchisor's financing activities can provide insights into the financial health and stability of the company. It's important to note that these figures are in thousands, so the actual amounts are significantly larger. Reviewing these cash flow statements can help potential franchisees assess the financial management practices of Bw Premier Collection.