What was the total current assets value for C12 Group in 2023?

According to C12 Group's 2025 Franchise Disclosure Document, the company's total current assets in 2023 amounted to $2,806,115. This figure represents the sum of C12 Group's liquid assets and those expected to be converted into cash within a year. These assets include cash and cash equivalents ($1,601,398), restricted cash ($239,964), accounts receivable ($592,343), notes receivable, current portion ($111,967), supply inventory ($209,905), and prepaid expenses ($50,538).

Understanding the composition of current assets is crucial for prospective franchisees. A substantial portion of C12 Group's current assets is held in cash and cash equivalents, indicating strong liquidity. Accounts receivable, representing money owed to C12 Group by its clients, also constitute a significant portion of current assets. The notes receivable, current portion, reflects payments due within the next year from the sale of C12 Atlanta. Supply inventory represents the value of materials and supplies on hand, while prepaid expenses cover items paid for in advance, such as insurance or rent.

The level of current assets is a key indicator of C12 Group's short-term financial health and its ability to meet its immediate obligations. A high level of current assets relative to current liabilities suggests that C12 Group is well-positioned to manage its short-term debts and invest in future growth. For a prospective franchisee, this indicates a financially stable franchisor, which can be an important factor in assessing the overall risk and potential of the franchise opportunity.

It is important to note that while the FDD provides a snapshot of C12 Group's financial position at a specific point in time, current economic conditions can impact these figures. Prospective franchisees should consider these factors and conduct their own due diligence to assess the financial viability of the franchise opportunity.