What was the total amount of intercompany payables for Moes Southwest Grill?
Moes_Southwest_Grill Franchise · 2025 FDDAnswer from 2025 FDD Document
| Current liabilities: | ||||
|---|---|---|---|---|
| Accrued expenses and other liabilities | $ 4,186 | $ 3,517 | ||
| Current portion of deferred revenue | 3,346 | 2,827 | ||
| Intercompany payables | 3,011 | 4,827 | ||
| Total current liabilities | 10,543 | 11,171 |
Source: Item 23 — Receipts (FDD pages 92–334)
What This Means (2025 FDD)
According to Moe's Southwest Grill's 2025 Franchise Disclosure Document, intercompany payables reflect the amounts owed between Moe's Southwest Grill and its related entities. These payables are considered current liabilities, representing obligations due within a year.
As of December 29, 2024, Moe's Southwest Grill reported intercompany payables of $3,011,000. In the previous year, December 31, 2023, the intercompany payables were $4,827,000. This represents a decrease of $1,816,000 in intercompany payables from 2023 to 2024.
For a prospective franchisee, understanding intercompany transactions is crucial as it provides insight into the financial relationships between Moe's Southwest Grill and its parent company or affiliated entities. While intercompany payables don't directly impact the franchisee's day-to-day operations, they are indicative of the overall financial structure and health of the broader organization. Significant fluctuations in these payables could signal changes in how the company manages its internal finances, which could indirectly affect franchisees.