What was the total amount of Cinnaholic's current assets as of December 31, 2023?

Based on Cinnaholic's 2025 Franchise Disclosure Document, the provided excerpts do not contain a specific figure for the total current assets as of December 31, 2023. However, the document does provide the cash balance in the company's account as of December 31, 2023, which was $42,590. Additionally, the FDD lists various current liabilities for 2023, such as accounts payable accrual ($13,282.0), advertising fund liability ($10,218.00), deferred revenues - ST ($1,013,889.00), gift cards ($7,370.7), interest payable ($10,661.00), and payroll liabilities ($295,119.69). These figures offer insight into Cinnaholic's financial obligations but do not provide the total current asset value.

To fully understand Cinnaholic's financial health, a prospective franchisee should request the complete balance sheet for December 31, 2023, from the franchisor. This will show all current assets, including cash, accounts receivable, inventory, and prepaid expenses. Knowing the composition and value of current assets is crucial for assessing the company's liquidity and ability to meet its short-term obligations.

Understanding the current asset position in relation to the listed current liabilities would provide a more complete picture of Cinnaholic's financial standing. This information is essential for making an informed investment decision.