Does the Crave Cookies Statement of Cash Flows disclose any restrictions on the availability of cash?

According to Crave Cookies' 2025 Franchise Disclosure Document, the company maintains its cash in bank deposit accounts which, at times, may exceed federally insured limits. However, as of December 31, 2024, Crave Cookies did not have cash balances over the federally insured limit. The company has not experienced any losses in such accounts and believes it is not exposed to any significant credit risk with respect to cash and cash equivalents. For the purposes of the statement of cash flows, the company considers all short-term investments with an original maturity of three months or less to be cash equivalents.

For a prospective franchisee, this indicates that Crave Cookies manages its cash in a way that is generally considered safe. The fact that the company has not experienced any losses in its bank deposit accounts is a positive sign. The disclosure that cash balances did not exceed federally insured limits as of December 31, 2024, provides some reassurance, although the balances may exceed those limits at other times.

It is important to note that the FDD only provides a snapshot of the company's cash management practices as of a specific date. A prospective franchisee should consider asking Crave Cookies about its cash management policies and procedures, as well as its history of cash balances and any instances where the company has experienced losses or restrictions on its access to cash.