What was the value of Clear Pest Pros' restricted cash as of December 31, 2024?

According to Clear Pest Pros' 2025 Franchise Disclosure Document, the company's restricted cash as of December 31, 2024, was $1,310. This figure is part of the company's assets, as detailed in the balance sheets within the FDD. Restricted cash is cash that has been set aside for a specific purpose and is not available for general use by the company.

For a prospective Clear Pest Pros franchisee, understanding the level of restricted cash can provide insights into the company's financial stability and its ability to meet specific obligations. It indicates that Clear Pest Pros has earmarked funds for particular purposes, which could include collateral for leases, insurance, or other contractual requirements.

Franchisees should consider this figure in conjunction with other financial metrics to assess the overall health of Clear Pest Pros. While restricted cash is not directly accessible for day-to-day operations, it demonstrates a commitment to fulfilling certain financial responsibilities. Reviewing the trends in restricted cash over the past few years, as presented in the table, can further inform a franchisee's understanding of Clear Pest Pros' financial management practices.

It is important for potential franchisees to inquire about the specific purposes for which the cash is restricted to fully understand the implications. This information can help in evaluating the financial risks and opportunities associated with investing in a Clear Pest Pros franchise.