What was the total value of cash and cash equivalents held by C12 Group in 2022?
C12_Group Franchise · 2025 FDDAnswer from 2025 FDD Document
cial statements of which an unmodified opinion was expressed on those financial statements.
Schriver, Carmona & Company, PLLC
San Antonio, Texas March 15, 2023
Consolidated Balance Sheets December 31, 2022 and 2021
| Assets | 2022 | 2021 |
|---|
Source: Item 22 — CONTRACTS (FDD page 46)
What This Means (2025 FDD)
According to C12 Group's 2025 Franchise Disclosure Document, the company's cash and cash equivalents totaled $1,015,305 in 2022. This figure represents the liquid assets readily available to C12 Group for operational expenses, investments, and other financial obligations.
For a prospective franchisee, understanding the franchisor's cash position is crucial. A healthy cash balance suggests financial stability and the ability to support franchisees through training, marketing, and ongoing assistance. It also indicates C12 Group's capacity to invest in technology, infrastructure, and brand development, all of which can benefit franchisees.
However, it's important to consider this figure in the context of C12 Group's overall financial health, including its liabilities, revenues, and expenses. A high cash balance alone doesn't guarantee success, but it can provide a degree of confidence in the franchisor's financial management and long-term viability. Reviewing the complete financial statements and seeking professional financial advice is recommended for any potential franchisee.