What was the amount of overpayment of credit card for Clean Your Dirty Face in 2024?
Clean_Your_Dirty_Face Franchise · 2025 FDDAnswer from 2025 FDD Document
| 2024 | 2023 | |
|---|---|---|
| Overpayment of credit card | 9,829 |
Source: Item 21 — FINANCIAL STATEMENTS (FDD page 54)
What This Means (2025 FDD)
According to Clean Your Dirty Face's 2025 Franchise Disclosure Document, the overpayment of credit card was $9,829 in 2024. This figure is listed as an asset in the company's balance sheet. In 2023, there was no overpayment of credit card.
This overpayment represents money that Clean Your Dirty Face paid to the credit card company beyond what was owed. It is considered an asset because the company can recover this amount.
For a prospective franchisee, this detail provides insight into Clean Your Dirty Face's financial management practices. It is important to note that while an overpayment is technically an asset, it also suggests a potential error in payment processing or reconciliation. Franchisees may want to inquire about the circumstances that led to this overpayment and what measures are in place to prevent similar occurrences in the future.