What was the ending cash balance for Gold Star at the end of 2024?
Gold_Star Franchise · 2025 FDDAnswer from 2025 FDD Document
| Gold Star Chili, Inc. | GSC Properties, LLC | TCWW, LLC | Eliminations | Total | |||||
|---|---|---|---|---|---|---|---|---|---|
| Net Change in Cash | 269,087 | (10,532) | 113,759 | - | 372,314 | ||||
| Beginning Cash Balance | _ | 168,180 | _ | 919,907 | 130,561 | 1,218,648 | |||
| Ending Cash Balance | $_ | 437,267 | $_ | 909,375 | $ | 244,320 $ | $ | · | 1,590,962 |
Source: Item 23 — Receipts (FDD pages 53–163)
What This Means (2025 FDD)
According to Gold Star's 2025 Franchise Disclosure Document, the consolidated ending cash balance at the end of 2024 was $1,590,962. This figure represents the total cash on hand across Gold Star Chili, Inc., its subsidiary TCWW, LLC, and its consolidated entity GSC Properties, LLC. The ending cash balance is calculated by taking into account the net change in cash during the year and adding it to the beginning cash balance.
Breaking down the ending cash balance by entity, Gold Star Chili, Inc. had an ending cash balance of $437,267, GSC Properties, LLC had $909,375, and TCWW, LLC had $244,320 at the end of 2024. These individual balances, when combined, reflect the overall financial health and liquidity of the entire Gold Star organization.
Prospective franchisees should consider the cash flow statement in its entirety, not just the ending balance. Understanding how Gold Star generates and uses cash can provide insights into the company's operational efficiency and financial stability. Reviewing trends in cash flow from operating, investing, and financing activities over several years can offer a more comprehensive view of Gold Star's financial performance and its ability to support its franchisees.