What was the reported total assets for Craters & Freighters in the later year presented in the table?
Craters_Freighters Franchise · 2025 FDDAnswer from 2025 FDD Document
| Other Assets: | ||
|---|---|---|
| Software Development - Net of Accumulated | ||
| Amortization of $317,185 and $215,196, Respectively | 153,931 | 142,272 |
| Due from Related Party | 356,391 | 193,314 |
| Note Receivable | 160,000 | 60,000 |
| Right-of-Use Asset - Operating Lease | 130,071 | 203,307 |
| Deposits | 12,546 | 12,546 |
| Total Other Assets | 812,939 | 611,439 |
| TOTAL ASSETS | $9,391,294 | $4,370,648 |
Source: Item 23 — RECEIPTS (FDD pages 50–193)
What This Means (2025 FDD)
According to Craters & Freighters' 2025 Franchise Disclosure Document, the company's total assets were reported in a table format. The table provides financial data for two years, with the later year showing a higher total asset value.
Specifically, the table indicates that Craters & Freighters had total assets of $9,391,294 in the later year presented. This figure represents the sum of all assets owned by the company at that point in time.
Prospective franchisees should consider this information in conjunction with other financial data provided in the FDD, such as liabilities and equity, to gain a comprehensive understanding of Craters & Freighters' financial health and stability. Reviewing these figures can help potential franchisees assess the financial risks and opportunities associated with investing in a Craters & Freighters franchise.