As of December 31, 2024, what is the total amount of related party receivables for Crave Cookies?

According to Crave Cookies' 2025 Franchise Disclosure Document, as of December 31, 2024, the company had related party receivables with Crave Draper, LLC in the amount of $20,919 and with Crave Cookies, LLC in the amount of $1,000. The total related party receivables amount to $21,919.

Related party transactions are common in franchise systems, especially with newer franchisors. These transactions can include services provided between the franchisor and entities with common ownership. It is important to understand the nature of these transactions and how they might affect the financial health of the franchise system.

For a prospective Crave Cookies franchisee, this information highlights the importance of understanding the relationships between the franchisor and its related entities. While related party transactions are not inherently problematic, franchisees should ensure that these transactions are conducted at arm's length and do not create any conflicts of interest or financial risks for the franchise system. Reviewing the complete financial statements and notes, and asking the franchisor for further clarification on these transactions, is a crucial part of due diligence.