What were the proceeds from the sale of equipment for Expense Reduction Analysts in 2023?
Expense_Reduction_Analysts Franchise · 2025 FDDAnswer from 2025 FDD Document
| 2023 | () | restated) 2022 | ||
|---|---|---|---|---|
| CASH FLOWS FROM INVESTING ACTIVITIES | 230 200 | |||
| Development of Internal-Use Software | (35,403) | (40,834) | ||
| Proceeds on Sale of Equipment | 1,160 | 175 x 4 7 6 | ||
| Repurchase of Area Development Territory | - | (424,001) | ||
| Purchases of Property and Equipment | (13,733) | _ | (8,334) | |
| Net Cash Used by Investing Activities | (47,976) | (473,169) |
Source: Item 23 — RECEIPTS (FDD pages 58–215)
What This Means (2025 FDD)
According to Expense Reduction Analysts' 2025 Franchise Disclosure Document, the proceeds from the sale of equipment in 2023 amounted to $1,160. This figure is part of the cash flow statement, specifically under the section detailing cash flows from investing activities.
For a prospective franchisee, this number reflects a minor aspect of Expense Reduction Analysts' overall financial activities. The sale of equipment is not a primary revenue stream but rather an occasional event that can contribute a small amount to the company's cash flow.
It is important to note that this figure represents the proceeds for Expense Reduction Analysts, Inc. as a whole, and not necessarily the proceeds that an individual franchisee might expect. Individual franchisees may or may not have equipment to sell, depending on their specific circumstances and operations. This number provides insight into the types of transactions Expense Reduction Analysts engages in beyond its core franchising activities.