What was the total value of receivables from franchisees, net, for Dog Haus in 2024?
Dog_Haus Franchise · 2025 FDDAnswer from 2025 FDD Document
mber 31, 2024 and 2023, respectively.
Use of Estimates
The preparation of financial statements in conformity with GAAP requires management to make estimates and assumptions that affect the amounts reported in the financial statements and accompanying notes. Accordingly, actual results could differ from those estimates.
Notes to Financial Statements December 31, 2024, 2023 and 2022
Receivables from Franchisees
Receivables from franchisees are a combination of royalties due from franchisees and franchise fe
Source: Item 23 — RECEIPTS (FDD pages 87–328)
What This Means (2025 FDD)
According to Dog Haus's 2025 Franchise Disclosure Document, the total value of receivables from franchisees, net, as of December 31, 2024, was $508,617. This figure takes into account the balance at the beginning of the year (January 1, 2024), additions during the year, collections, and an allowance for doubtful accounts.
The balance at January 1, 2024, was reported as $133,515. Throughout 2024, there were additional receivables of $559,942. Collections during the year amounted to $133,515. Additionally, an allowance for doubtful accounts was accounted for, totaling $51,325.
For a prospective Dog Haus franchisee, this information provides insight into the financial interactions between the company and its franchisees. It shows the level of outstanding payments from franchisees and how Dog Haus manages these receivables, including setting aside an allowance for potential uncollectible amounts. Understanding these figures can help a potential franchisee assess the financial health and stability of the Dog Haus franchise system.