What was the amount due from franchisee to Cinnaholic as of December 31, 2024?
Cinnaholic Franchise · 2025 FDDAnswer from 2025 FDD Document
| 71,199 | (331,695) | |||
|---|---|---|---|---|
| Members' (Deficit) - Beginning | (2,290,083) | (2,025,527) | ||
| Members' Contributions (Distributions) | 108,591 | 67,139 | ||
| Members' (Deficit) - Ending | $ (1,710,293) | $ (2,290,083) | # CINNAHOLIC FRANCHISING LLC STATEMENTS OF CASH FLOWS |
| YEARS ENDED | DECEMBER 31 |
|---|
Source: Item 21 — FINANCIAL STATEMENTS (FDD page 61)
What This Means (2025 FDD)
According to Cinnaholic's 2025 Franchise Disclosure Document, as of December 31, 2024, the amount due from franchisees to Cinnaholic was $1,500. This figure represents the outstanding balance owed to Cinnaholic from its franchisees as part of their ongoing financial relationship. This amount is subject to change over time as franchisees make payments or incur additional charges.
This "due from franchisee" balance is categorized under changes in assets and liabilities related to operating activities in Cinnaholic's financial statements. It reflects the net effect of franchisee payments and charges during the specified period. The corresponding figure for the previous year, 2023, is not provided in this excerpt.
Prospective franchisees should understand that this "due from franchisee" line item can fluctuate based on various factors, including the timing of royalty payments, marketing fund contributions, and other fees outlined in the franchise agreement. It's essential for potential franchisees to review the complete financial statements and related notes in the FDD to gain a comprehensive understanding of Cinnaholic's financial performance and the financial obligations of franchisees.