As of December 31, 2024, to whom was the majority of Mrcool's accounts payable owed?

According to Mrcool's 2025 Franchise Disclosure Document, as of December 31, 2024, the majority of Mrcool's accounts payable, which totaled $218,142, was owed to their franchisee. This debt was specifically for fulfillment orders that the franchisee had completed.

This indicates that Mrcool relies on its franchisees to fulfill orders, and a significant portion of its financial obligations at that time was related to payments for these services. For a prospective franchisee, this highlights the importance of understanding the fulfillment process and the potential for timely payments from Mrcool for completed orders.

It's important for potential franchisees to inquire about the typical turnaround time for payments, the process for resolving any discrepancies in order fulfillment, and the potential impact on their own cash flow if there are delays in receiving payments from Mrcool. Understanding these dynamics is crucial for managing their own business finances effectively.