What was the total cash amount for Coffee News in 2022?
Coffee_News Franchise · 2025 FDDAnswer from 2025 FDD Document
etermined by the success of the franchise development staff and continued positive economic conditions worldwide.
Notes to Financial Statements
December 31, 2024, 2023 and 2022
5. Risk and Uncertainties
Coffee News USA maintains substantially all its operating cash balances in two financial institutions that, at times, may exceed federally insured
Source: Item 23 — Receipts (FDD pages 36–118)
What This Means (2025 FDD)
According to the 2025 Coffee News FDD, the company maintains its operating cash balances in financial institutions. While the document does not explicitly state the total cash amount for Coffee News in 2022, it does mention that Coffee News USA maintains its operating cash balances in two financial institutions, which at times, may exceed federally insured limits. These accounts are insured by the Federal Deposit Insurance Corporation up to $250,000.
For Coffee News Canada, the company maintains its operating cash balances in one financial institution, insured by the Canada Deposit Insurance Corporation up to $100,000.
To determine the exact total cash amount for Coffee News in 2022, a prospective franchisee should review the company's audited financial statements or request this information directly from the franchisor. Understanding the cash position of the company can provide insights into its financial stability and operational efficiency.