What is the reported total value of assets for Dermani Medspa?
Dermani_Medspa Franchise · 2025 FDDAnswer from 2025 FDD Document
Current assets Cash and cash equivalents $ 6 0,214 Restricted cash 1 09,906 Accounts receivable, net of allowance for credit losses of $- 3 6,396
Source: Item 23 — RECEIPTS (FDD pages 66–311)
What This Means (2025 FDD)
According to the 2025 Dermani Medspa FDD, the current assets include cash and cash equivalents of $60,214, restricted cash of $109,906, and accounts receivable, net of allowance for credit losses of $-36,396.
It is important to note that the FDD includes financial statements that have been audited by an independent auditor. This means that a third party has reviewed the financial statements and has provided an opinion on whether they are fairly presented in accordance with accounting principles generally accepted in the United States of America.
A prospective franchisee should carefully review the financial statements and notes to the financial statements to understand Dermani Medspa's financial condition. They should also consult with a financial advisor to determine whether the franchise is a good investment for them.