What was the ending cash and restricted cash balance for Dog Haus at the end of 2022?
Dog_Haus Franchise · 2025 FDDAnswer from 2025 FDD Document
The Disclosure Document is amended as follows:
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- The Special Risks Page is amended to include the following:
Initial Investment. The franchisee will be required to make an estimated initial investment that exceeds the franchisor's stockholder's equity, which is a deficit of $1,619,826 as of December 31, 2022. This means that the franchisor may not have the financial resources to provide services or support to you.
Source: Item 23 — RECEIPTS (FDD pages 87–328)
What This Means (2025 FDD)
Based on the 2025 Dog Haus Franchise Disclosure Document, the exact cash and restricted cash balance for the end of 2022 is not explicitly stated. However, the Hawaii addendum to the disclosure document indicates that as of December 31, 2022, Dog Haus had a stockholder's equity deficit of $1,619,826. This deficit is highlighted as a special risk for potential franchisees in Hawaii, suggesting that Dog Haus may not have the financial resources to provide adequate services or support.
While the FDD includes an independent auditor's report and discusses the company's accounting policies, including cash management and restricted cash, it does not provide the specific figures for cash and restricted cash balances for 2022. The notes to the financial statements generally cover the years 2022, 2023, and 2024, but the specific balance sheet information detailing cash and restricted cash for 2022 is not present in the provided excerpts.
A prospective franchisee should request the balance sheets for 2022, 2023, and 2024 to review the cash and restricted cash balances. Understanding the cash position of Dog Haus is crucial for assessing the financial stability and ability of the company to support its franchisees. Reviewing these figures will help a potential franchisee evaluate the financial health of Dog Haus and make an informed decision.