What was the balance at December 25, 2022 for Moes Southwest Grill?
Moes_Southwest_Grill Franchise · 2025 FDDAnswer from 2025 FDD Document
of significant accounting estimates made by management, as well as evaluate the overall presentation of the consolidated financial statements.
- Conclude whether, in our judgment, there are conditions or events, considered in the aggregate, that raise substantial doubt about the Company's ability to continue as a going concern for a reasonable period of time.
We are required to communicate with those charged with governance regarding, among other matters, the planned scope and timing of the audit, sign
Source: Item 23 — Receipts (FDD pages 92–334)
What This Means (2025 FDD)
According to the 2025 FDD, the balance for Moes Southwest Grill at December 25, 2022, was $277,647. This figure represents the financial standing of the company at the close of that fiscal year, taking into account factors such as non-cash capital contributions, distributions to members, and net income. This information is crucial for prospective franchisees as it provides a snapshot of the brand's financial health and stability. A positive balance generally indicates that the company is solvent and has more assets than liabilities. However, it is essential to consider this figure in conjunction with other financial data and performance metrics to gain a comprehensive understanding of the franchise's overall financial performance.
In addition to the balance, the FDD also provides details on related financial activities during the year. For instance, non-cash capital contributions from members amounted to $1,285, while distributions to members, net of expenses, totaled $208,262. The net income for the same period was $208,711. These figures offer insights into the company's financial operations and how profits are distributed among its members. Understanding these financial dynamics can help potential franchisees assess the financial risks and rewards associated with investing in a Moes Southwest Grill franchise.
Furthermore, the FDD includes financial data for subsequent years, allowing for a comparative analysis of the company's financial performance over time. For example, the balance at December 31, 2023, was $283,330, and at December 29, 2024, it was $285,638. By comparing these figures, prospective franchisees can identify trends in the company's financial performance and assess its growth potential. It is important to note that past performance is not necessarily indicative of future results, but it can provide valuable insights into the company's financial management and stability.