What was the equity of Cr3 American Exteriors on July 12, 2022?
Cr3_American_Exteriors Franchise · 2025 FDDAnswer from 2025 FDD Document
Statements of Operations For The Two Years Ended December 31
| State: | Effective Date: |
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| California | |
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Statements of Changes in Members' Equity For The Three Years Ended December 31, 2024
| Equity at July 12, 2022 | $ - | |-------------
Source: Item 23 — RECEIPTS (FDD pages 53–150)
What This Means (2025 FDD)
According to Cr3 American Exteriors's 2025 Franchise Disclosure Document, the equity on July 12, 2022, is reported in Item 23. The table provided shows the company's equity at specific points in time. The equity at July 12, 2022 is listed as a dash, which typically indicates a zero value or that the value is not specifically tracked or reported at that interim date.
Additionally, the table shows capital contributions and net losses that impact the equity. For example, capital contributions of $51,411 and a net loss of ($46,591) are listed. The equity at December 31, 2022, is reported as $4,820. These figures provide a snapshot of the company's financial position at year-end, reflecting the cumulative effect of contributions and losses.
For a prospective franchisee, this information is useful for understanding the financial history and performance of Cr3 American Exteriors. While the equity on July 12, 2022, is not explicitly stated as a numerical value, the provided data points allow for a general assessment of the company's financial trends and stability. It would be prudent for a potential franchisee to inquire further about the specific reasons for the dash and request additional financial details to gain a more comprehensive understanding.