What were the owner's distributions for Crave Cookies in 2022?
Crave_Cookies Franchise · 2025 FDDAnswer from 2025 FDD Document
embers' Deficit
Year Ended December 31, 2022 and Period from February 15, 2021 (Inception) through December 31, 2021
| Balance, February 15, 2021 | $ | - |
|---|---|---|
| Owner distributions | (162 | ,876) |
| Net loss | (14 | ,725) |
| Balance, December 31, 2021 | (177 |
Source: Item 21 — FINANCIAL STATEMENTS (FDD page 47)
What This Means (2025 FDD)
According to Crave Cookies' 2025 Franchise Disclosure Document, the owner's distributions for the company in 2022 were $(178,454). This means that $178,454 was distributed to the owners from the company's earnings or capital during that year. This figure is important for prospective franchisees to consider as it provides insight into how the company's profits are allocated.
It's important to note that owner distributions are not necessarily indicative of the company's overall financial health. They reflect decisions made by the owners regarding how to allocate available funds. A high distribution could mean the company is profitable and rewarding its owners, while a low distribution could indicate reinvestment in the business or financial challenges.
Prospective franchisees should analyze these distributions in conjunction with other financial metrics, such as net income/loss and cash flow, to gain a comprehensive understanding of Crave Cookies' financial performance and stability. Understanding the context behind these distributions is crucial for making an informed investment decision.