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What was the total amount of Craters & Freighters' accrued bonus as of December 31, 2023?
Craters_Freighters Franchise · 2025 FDDAnswer from 2025 FDD Document
| $ 9,391,294 $ | 4,370,648 |
Balance Sheets (Continued)
| As of December 31, | 2023 | 2022 |
|---|---|---|
| Current Liabilities: | ||
| Accounts Payable | $ 1,061,526 $ | 1,241,420 |
| Accrued Liabilities | 1,790 | 458 |
| Accrued Bonus | - | 132,340 |
| Operating Lease Liability - Due Wit |
Source: Item 21 — FINANCIAL STATEMENTS (FDD page 49)
What This Means (2025 FDD)
According to Craters & Freighters' 2025 Franchise Disclosure Document, the accrued bonus as of December 31, 2023, was not specified. However, the FDD does provide information on the accrued bonus as of December 31, 2022.
Specifically, under the Current Liabilities section of the balance sheets, the accrued bonus for the period ending December 31, 2022, was $132,340.
As the 2025 FDD does not state the accrued bonus for December 31, 2023, prospective franchisees should directly ask Craters & Freighters for this information to gain a clearer understanding of the company's financial obligations and compensation practices.
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.