What was the total cost of Craters & Freighters' investments as of December 31, 2023?

According to Craters & Freighters' 2025 Franchise Disclosure Document, in December 2023, a Shareholder provided the company $5,000,000 to fund future investments. During the year ending December 31, 2023, the Shareholder took $2,230,312 in distributions, which was offset against the Shareholder advance. As of December 31, 2023, $2,769,688 remained as a balance with a maturity date of January 1, 2026. The remaining balance of $2,769,688 was paid in full during the year ended December 31, 2024. As of December 31, 2024, the amount due to shareholder was $0.

This indicates that Craters & Freighters received a significant infusion of capital to be used for investments. The initial investment was $5,000,000, but after distributions to the shareholder, the remaining balance for investment purposes was $2,769,688 as of the end of 2023. This remaining balance was fully paid back during 2024, suggesting that the investments or projects funded by this amount were either completed or otherwise resolved within that timeframe.

For a prospective franchisee, this information provides insight into how Craters & Freighters manages its finances and secures funding for its strategic initiatives. The fact that a shareholder was willing to provide such a substantial investment could be seen as a positive sign of confidence in the company's future prospects. However, it is also important to note that the funds were later repaid, which could indicate a shift in the company's financial strategy or investment priorities. A potential franchisee might want to inquire about the specific investments that were made with these funds and their impact on the franchise system.