What was the Total Liabilities and Stockholders' Equity for Gold Star in the first period shown?
Gold_Star Franchise · 2025 FDDAnswer from 2025 FDD Document
| Gold Star Chili, Inc. Stockholders' Equity | ||||
|---|---|---|---|---|
| Common Stock, No Par Value; 10,000 Shares | ||||
| Authorized, Issued and Outstanding | 1 ,000 | 1,000 | 1,000 | |
| Paid-In Capital | 212,680 | 212,680 | 212,680 | |
| Retained (Deficit) Earnings | (537,818) | (295,263) | 350,576 | |
| Accumulated Other Comprehensive Income (Loss) | 1 94,930 | 132,610 | 389,268 | |
| Stockholders' (Deficit) Equity | (129,208) | 51,027 | 9 53,524 | |
| Non-Controlling Interest in GSC Properties, LLC | 8,457,889 | 7 ,531,345 | 6 ,674,814 | |
| Accumulated Other Comprehensive Income | 1 13,503 | 7 7,216 | 2 26,662 | |
| GSC Properties, LLC | 8,571,392 | 7 ,608,561 | 6 ,901,476 | |
| Total Stockholders' Equity | 8,442,184 | 7 ,659,588 | 7 ,855,000 | |
| Total Liabilities and Stockholders' Equity | $ 34,551,579 | $ 3 3,559,654 | $ 3 1,213,387 |
Source: Item 23 — Receipts (FDD pages 53–163)
What This Means (2025 FDD)
According to Gold Star's 2025 Franchise Disclosure Document, the Total Liabilities and Stockholders' Equity for the first period shown is $34,551,579. This figure represents the sum of all the company's obligations to creditors (liabilities) and the investment of the owners in the company (stockholders' equity) at a specific point in time.
For a prospective franchisee, this number provides a snapshot of Gold Star's financial structure and stability. A higher number suggests that the company has a significant asset base funded by a combination of debt and equity. It is important to note that this is a consolidated figure, which means it includes the financial data of Gold Star Chili, Inc. and its subsidiaries.
Understanding the components of this figure, such as the breakdown between liabilities and equity, is crucial for assessing the financial risk and potential return associated with investing in a Gold Star franchise. While a large asset base can be reassuring, a high level of liabilities could indicate financial strain. Therefore, a prospective franchisee should analyze this figure in conjunction with other financial metrics and consult with a financial advisor to make an informed investment decision.