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What was the total amount of investments held by Coffee News as of December 31, 2022?

Coffee_News Franchise · 2025 FDD

Answer from 2025 FDD Document

During 2021 Coffee News USA opened an investment account and funded it with matured certificates of deposit.

Source: Item 23 — Receipts (FDD pages 36–118)

What This Means (2025 FDD)

According to the 2025 Coffee News Franchise Disclosure Document, the notes to the financial statements indicate that Coffee News holds investments. Specifically, in 2021, Coffee News opened an investment account and funded it using matured certificates of deposit. However, the document does not specify the total amount of investments held by Coffee News as of December 31, 2022.

While the FDD mentions the existence of investments, it lacks the specific figures needed to determine the total investment amount for the year 2022. This information would typically be found in the balance sheets or detailed financial statements within the FDD, but it is not provided in the excerpts.

A prospective Coffee News franchisee should inquire directly with the franchisor to obtain the specific investment amounts held by the company as of December 31, 2022. Understanding the financial health and investment strategy of the franchisor is crucial for making an informed investment decision.

Disclaimer: This information is extracted from the 2025 Franchise Disclosure Document and is provided for research purposes only. It does not constitute legal or financial advice. Consult with a franchise attorney before making any investment decisions.