According to Face Foundrie's 2025 Franchise Disclosure Document, as of December 31, 2024, the company's total liabilities and member's deficit was $5,044,685. This figure represents the sum of all obligations Face Foundrie owes to external parties (liabilities) and the accumulated difference between the company's assets and liabilities from an accounting perspective (member's deficit). A prospective franchisee should pay close attention to this number as it provides a snapshot of the company's overall financial health and stability.

The liabilities component includes both current liabilities, which are obligations due within one year, and non-current liabilities, which are obligations extending beyond one year. Current liabilities for Face Foundrie include accounts payable, accrued expenses, credit card payable, gift card liability, operating lease liability (current portion), and deferred revenue (current portion). Non-current liabilities consist of operating lease liability (non-current portion) and deferred revenue (non-current portion). The member's deficit reflects the accumulated losses and distributions to owners, offset by any contributions and net income over the life of the company.

For a potential Face Foundrie franchisee, understanding the composition and magnitude of these liabilities is crucial. High liabilities relative to assets could indicate financial strain, potentially impacting the franchisor's ability to support its franchisees. Conversely, a healthy balance sheet suggests the franchisor is well-managed and has the resources to invest in the brand and provide necessary support. The member's deficit should also be considered, as a large deficit could signal past financial difficulties or significant distributions to owners, which may warrant further investigation. It is important to review these figures in conjunction with other financial metrics and trends to gain a comprehensive understanding of Face Foundrie's financial position.