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What was the total value of cash and cash equivalents for Hck Hot Chicken in 2023?

Hck_Hot_Chicken Franchise · 2025 FDD

Answer from 2025 FDD Document

illor, as Lynchburg, Virginia February 14, 2024

| Assets | | 2023 | | 2022 | |-----------------------------------------------------------

Source: Item 21 — FINANCIAL STATEMENTS (FDD page 54)

What This Means (2025 FDD)

According to Hck Hot Chicken's 2025 Franchise Disclosure Document, the company's total cash and cash equivalents for 2023 was $234,815. This figure represents the amount of readily available funds the company had at its disposal at the end of the year.

For a prospective franchisee, understanding the franchisor's financial health is crucial. A healthy cash balance suggests that Hck Hot Chicken has sufficient liquidity to meet its short-term obligations and invest in growth opportunities. This can be a positive indicator of the stability and potential success of the franchise system.

However, it's important to consider this figure in the context of the company's overall financial performance and obligations. While a cash balance of $234,815 might seem substantial, it should be compared to the company's liabilities and expenses to determine its true financial strength. Reviewing the complete financial statements, including the balance sheet, income statement, and cash flow statement, will provide a more comprehensive understanding of Hck Hot Chicken's financial position.

Disclaimer: This information is extracted from the 2025 Franchise Disclosure Document and is provided for research purposes only. It does not constitute legal or financial advice. Consult with a franchise attorney before making any investment decisions.