What was the total amount of cash held by Floyds 99 in 2023?
Floyds_99 Franchise · 2025 FDDAnswer from 2025 FDD Document
We have audited the financial statements of Floyd's 99 Franchising, LLC (the "Company"), which comprise the balance sheet as of December 29, 2024; December 31, 2023; and December 25, 2022 and the related statements of operations, member's equity, and cash flows for the years then ended, and the related notes to the financial statements.
Source: Item 23 — RECEIPT (FDD pages 58–229)
What This Means (2025 FDD)
I am unable to provide the specific amount of cash held by Floyds 99 in 2023, as the provided excerpts from the 2025 Franchise Disclosure Document do not contain this information. While the excerpts include financial statements and auditor's reports that cover the financial years 2022, 2023 and 2024, the specific cash balance for 2023 is not detailed.
Item 23 references the inclusion of audited financial statements for the years ending December 25, 2022, December 31, 2023 and December 29, 2024, and unaudited financial statements for the period ending April 27, 2025. These financial statements would typically include a balance sheet and statement of cash flows, but the actual figures are not present in the provided excerpts.
A prospective Floyds 99 franchisee should review the complete audited financial statements within Item 23 of the FDD to find the specific cash figures for each of the stated years. If this information is not present, the prospective franchisee should ask Floyds 99 for clarification on their cash holdings for 2023.