What was the ending cash balance for Cinnaholic at the end of 2024?
Cinnaholic Franchise · 2025 FDDAnswer from 2025 FDD Document
y's franchise arrangements generally include a license which provides for payments of initial fees as well as continuing royalties to the Company based upon a percentage of sales. Under this arrangement, franchisees are granted the right to operate a Cinnaholic bakery for
Source: Item 21 — FINANCIAL STATEMENTS (FDD page 61)
What This Means (2025 FDD)
According to Cinnaholic's 2025 Franchise Disclosure Document, the cash balance in the company's account as of December 31, 2024, was $54,178. This figure represents the total amount of cash and cash equivalents Cinnaholic had on hand at the close of the 2024 fiscal year. Cash and cash equivalents are considered financial instruments for Cinnaholic. These are maintained with accredited financial institutions.
For a prospective franchisee, this number provides a snapshot of Cinnaholic's financial health and liquidity at the end of 2024. While this figure alone doesn't provide a comprehensive view, it can be compared to previous years and other financial metrics to assess the company's financial trajectory. Reviewing the trend in cash balances over several years can indicate whether Cinnaholic is growing, maintaining stability, or facing financial challenges.
It's important to note that this cash balance is just one component of Cinnaholic's overall financial picture. A potential franchisee should also consider other factors such as revenues, expenses, liabilities, and equity to gain a more complete understanding of the company's financial standing. Additionally, understanding how Cinnaholic manages its cash flow and investments can provide further insights into its financial management practices.