What was the value of Crepe De Licious's rebate receivable as of December 31, 2022?
Crepe_De_Licious Franchise · 2025 FDDAnswer from 2025 FDD Document
| 2024 | 2023 | 2022 | |
|---|---|---|---|
| Accounts receivable | |||
| Accounts receivable | $ 53,606 | $ 73,948 | $ 43,172 |
| Rebates receivable | 26,800 | 26,499 | 4,508 |
| Total accounts receivable | $ 80,406 | $ 100,447 | $ 47,680 |
Source: Item 23 — RECEIPTS (FDD pages 57–233)
What This Means (2025 FDD)
According to the 2025 Crepe De Licious Franchise Disclosure Document, the value of the company's rebates receivable as of December 31, 2022, was $4,508. This figure is part of the company's financial statements, which are audited by an independent auditor. These statements offer insight into the financial health and position of Crepe De Licious.
Rebates receivable represent the amount of money that Crepe De Licious expects to receive back from suppliers or other entities based on prior purchases or agreements. This asset reflects potential future cash inflows for the company. Monitoring the rebates receivable can help Crepe De Licious manage its working capital effectively and ensure that it collects the amounts due in a timely manner.
Prospective franchisees should review these figures in the context of the broader financial statements to understand how rebates receivable contribute to the overall financial performance of Crepe De Licious. Understanding the company's financial position can help potential franchisees assess the financial stability and potential profitability of investing in a Crepe De Licious franchise.