What is the total asset value reported for Chesters?
Chesters Franchise · 2025 FDDAnswer from 2025 FDD Document
| CURRENT ASSETS | |||
|---|---|---|---|
| Cash | $ 2,154,968 | $ 2,515,674 | |
| Accounts receivable, net | 1,656,584 | 5,299,346 | |
| Other receivables | 421,459 | - | |
| Due from related parties | 1,354,649 | 1,117,539 | |
| Inventories | - | 1,247,308 | |
| Prepaid expenses and other current assets | 139,284 | 80,338 | |
| Total current assets | 5,726,944 | 10,260,205 | |
| 1,100,082 | 878,650 | ||
| PROPERTY AND EQUIPMENT, NET | |||
| OPERATING LEASE RIGHT-OF-USE ASSETS, NET | 1,631,103 | 1,820,812 | |
| GOODWILL, NET | 1,290,926 | 1,613,657 | |
| TOTAL ASSETS | $ 9,749,055 | $ 1 4,573,324 |
Source: Item 23 — **RECEIPTS (FDD pages 48–197)
What This Means (2025 FDD)
According to Chesters's 2025 Franchise Disclosure Document, the total assets reported are $9,749,055 and $14,573,324. These figures provide a snapshot of the company's financial health at a specific point in time.
For a prospective franchisee, understanding the asset value of Chesters is crucial for assessing the financial stability and overall strength of the franchise system. A higher asset value can indicate a more stable and established company, which may be a more secure investment.
However, it's important to consider these figures in conjunction with liabilities and equity to get a complete picture of Chesters's financial position. Reviewing trends in asset values over time, as well as comparing them to industry benchmarks, can provide further insights into the company's performance and potential risks. A potential franchisee should consult with a financial advisor to fully understand the implications of these figures.