What was the net cash provided by (used in) investing activities for City Wide in 2024?

According to City Wide's 2025 Franchise Disclosure Document, the net cash used in investing activities in 2024 was $(865,312). This means that City Wide spent $865,312 more than it received from its investing activities during that year.

Investing activities typically include the purchase and sale of long-term assets such as property, equipment, and securities. For City Wide in 2024, these activities included the purchase of property and equipment at $(311,516), an increase in the cash value of life insurance at $(599,375), issuance of notes receivable to a stockholder at $(269,911), and payments received on notes receivable of $315,490.

A net cash outflow from investing activities isn't necessarily negative. It could indicate that City Wide is investing in its future growth by acquiring assets. However, prospective franchisees should consider this figure in the context of City Wide's overall financial performance and strategy. Understanding the specific investments made and their potential returns is crucial for assessing the financial health and future prospects of the franchise.

It is important to note that the net cash used in investing activities can fluctuate from year to year depending on City Wide's investment decisions. Reviewing these figures over several years, as presented in the table, can provide a more comprehensive understanding of City Wide's investment patterns and their impact on its financial position.