What was the value of accounts payable for Fast Fix Jewelry And Watch Repairs in 2023?
Fast_Fix_Jewelry_And_Watch_Repairs Franchise · 2025 FDDAnswer from 2025 FDD Document
The Directors and Stockholders Jewelry Repair Enterprises, Inc. Boca Raton, Florida
Opinion
We have audited the consolidated financial statements of Jewelry Repair Enterprises, Inc. (the "Company"), which comprise the consolidated balance sheets as of December 31, 2023 and 2022, the related consolidated statements of operations, changes in stockholders' deficit, and cash flows for the years then ended, and the related notes to the consolidated financial statements (collectively, the "financial statements").
Source: Item 21 — FINANCIAL STATEMENTS (FDD page 37)
What This Means (2025 FDD)
Based on the 2025 Franchise Disclosure Document, the specific value of accounts payable for Fast Fix Jewelry And Watch Repairs in 2023 is not explicitly detailed. While the document includes consolidated balance sheets and financial statements, it does not break down the individual value of accounts payable for that year.
Item 21 includes the consolidated balance sheets as of December 31, 2023 and 2022, along with related statements of operations, changes in stockholders' deficit, and cash flows. However, these statements provide an overview of the company's financial position and performance without specifying the exact amount held in accounts payable.
A prospective franchisee should request a detailed breakdown of the accounts payable from Fast Fix Jewelry And Watch Repairs to gain a clearer understanding of the company's short-term liabilities and financial obligations. This information is crucial for assessing the financial health and stability of the franchise system.