What is the total value of Cinnaholic's other assets?
Cinnaholic Franchise · 2025 FDDAnswer from 2025 FDD Document
| Accounts Receivable - Accrual | 174,944.79 |
|---|---|
| Inter-Company Receivable Athens | 0.00 |
| Notes Receivable - F4 Investments | 0.18 |
| Total Other Assets | $174,944.97 |
Source: Item 21 — FINANCIAL STATEMENTS (FDD page 61)
What This Means (2025 FDD)
According to Cinnaholic's 2025 Franchise Disclosure Document, the total value of other assets as of the balance sheet date is $174,944.97. These assets are further specified as 'Accounts Receivable - Accrual' which amounts to $174,944.79 and 'Notes Receivable - F4 Investments' which amounts to $0.18. There is also an 'Inter-Company Receivable Athens' which amounts to $0.00.
For a prospective Cinnaholic franchisee, understanding the composition and value of these 'other assets' is crucial for assessing the overall financial health and stability of the franchisor. Accounts receivable, for instance, represents money owed to Cinnaholic, while notes receivable are essentially promissory notes. The inter-company receivable reflects transactions between Cinnaholic and related entities.
It's important to note that the value of these assets can fluctuate and may not always be readily convertible to cash. Franchisees should consider these factors when evaluating the financial position of Cinnaholic. Reviewing these figures in conjunction with other financial statement items, such as liabilities and equity, provides a more comprehensive view of the franchisor's financial standing.
Prospective franchisees should seek clarification from Cinnaholic regarding the nature and collectability of these 'other assets' during their due diligence process. Understanding the terms and conditions associated with accounts receivable and notes receivable can help franchisees assess the potential risks and rewards of investing in a Cinnaholic franchise.