What was the total value of Fat Shack's total stockholders' equity at the end of 2023?

According to Fat Shack's 2025 Franchise Disclosure Document, the statement of stockholders' equity includes data for the years 2022, 2023, and 2024. However, the excerpt provided does not contain the actual values for total stockholders' equity for any of these years.

As a prospective franchisee, it is crucial to review the complete financial statements within the FDD to assess the financial health and stability of Fat Shack. The total stockholders' equity is a key indicator of the company's net worth, representing the amount that would be left for stockholders if all assets were sold and all debts were paid.

To gain a comprehensive understanding, a potential franchisee should ask Fat Shack's franchisor for the specific figures related to the total stockholders' equity for 2023. This information, along with a review of the trends over the three years presented (2022-2024), will help in evaluating the financial risks and opportunities associated with investing in a Fat Shack franchise.