What was the beginning cash and restricted cash balance for Dog Haus at the start of 2023?
Dog_Haus Franchise · 2025 FDDAnswer from 2025 FDD Document
(DH), a related party California limited liability company; and an unrelated party irrevocable trust (the Trust) entered into a contribution agreement with the Company (the
Source: Item 23 — RECEIPTS (FDD pages 87–328)
What This Means (2025 FDD)
According to Dog Haus's 2025 Franchise Disclosure Document, the company's balance sheet includes both cash and restricted cash. The document states that as of December 31, 2023, Dog Haus had restricted cash totaling $181,682. The FDD specifies that restricted cash represents funds held by a bank for a specific purpose.
For a prospective franchisee, understanding the levels and restrictions on cash is crucial. It provides insight into the company's liquidity and how it manages its finances. The fact that Dog Haus holds restricted cash suggests that these funds are earmarked for particular obligations or projects.
However, the 2025 FDD excerpt does not explicitly state the beginning cash balance for Dog Haus at the start of 2023. It only provides the cash balance information as of December 31, 2023. To get a complete picture of Dog Haus's financial position at the beginning of 2023, a potential franchisee should inquire about the specific cash balance at that time from the franchisor.