What was the amount of cash and cash equivalents at the end of the period for Hck Hot Chicken in 2023?
Hck_Hot_Chicken Franchise · 2025 FDDAnswer from 2025 FDD Document
| Cash and cash equivalents at end of period | $ | 234,815 | į, | $ | 168,007 |
|---|
Source: Item 21 — FINANCIAL STATEMENTS (FDD page 54)
What This Means (2025 FDD)
According to Hck Hot Chicken's 2025 Franchise Disclosure Document, the cash and cash equivalents at the end of the period in 2023 was $234,815. In comparison, the cash and cash equivalents at the end of the period in 2022 was $168,007. This shows an increase in cash and cash equivalents from 2022 to 2023.
Cash and cash equivalents are a crucial indicator of a company's liquidity and short-term financial health. For a prospective Hck Hot Chicken franchisee, this figure provides insight into the franchisor's ability to meet its immediate obligations and invest in future growth. A higher cash balance generally suggests greater financial stability.
It is important to note that while this figure provides a snapshot of Hck Hot Chicken's financial position at a specific point in time, it does not offer a complete picture of the company's overall financial health. Prospective franchisees should review the entire financial statement and consider other factors, such as revenue, expenses, and debt, to gain a comprehensive understanding of the franchisor's financial performance. Consulting with a financial advisor is recommended to fully assess the financial implications of investing in a Hck Hot Chicken franchise.