What was the total amount of member's equity for Floyds 99 in 2025?
Floyds_99 Franchise · 2025 FDDAnswer from 2025 FDD Document
| Liabilities and Member's Equity | | | Current Liabilities | | Accounts Payable | $ - | | Short-term portion of deferred franchise revenue | $ 166,953 | | Accrued payroll and other accrued liabilities | $ (38,743) | | Total current liabilities | $ 128,210 | | Other Long-term Liabilities -Deferred franchise revenue | $ 1,547,584 | | Total Liabilities | $ 1,675,794 | | Member's Equity | $ 1,651,040 | | Total Liabilities and member's equity | $ 3,326,834 |
Source: Item 23 — RECEIPT (FDD pages 58–229)
What This Means (2025 FDD)
According to Floyds 99's 2025 Franchise Disclosure Document, the total member's equity as of 2025 was $1,651,040. This figure represents the ownership stake in Floyds 99 held by its members after deducting all liabilities from its total assets.
For a prospective franchisee, understanding the member's equity can provide insight into the financial stability and structure of Floyds 99. A higher member's equity generally indicates a stronger financial foundation, as it means the company has a significant portion of its assets funded by ownership investment rather than debt. This can be reassuring, as it suggests the company is less reliant on external borrowing and potentially more resilient to economic downturns.
It's important to note that these financial statements for the period ending April 27, 2025, are unaudited. The FDD explicitly states that "NO CERTIFIED PUBLIC ACCOUNTANT HAS AUDITED THESE FIGURES OR EXPRESSED AN OPINION WITH REGARD TO THEIR CONTENT OR FORM." Therefore, while the provided figure offers an estimate of the company's financial position, prospective franchisees should consider this when evaluating the data. They may want to seek further clarification or audited statements to gain a more confident understanding of Floyds 99's financial health.
In summary, the member's equity of $1,651,040 provides a snapshot of Floyds 99's financial structure in 2025. However, given that the statement is unaudited, potential franchisees should conduct thorough due diligence and possibly consult with financial professionals to assess the overall financial viability of investing in a Floyds 99 franchise.