For what period is the unaudited statement of operations for Nothing Bundt Cakes?
Nothing_Bundt_Cakes Franchise · 2025 FDDAnswer from 2025 FDD Document
| March 30, 2025 | |
|---|---|
| Assets | |
| Current assets | |
| Cash and cash equivalents | $ 1,227,831 |
| Accounts receivables, net | 1,326,256 |
| Prepaid expenses | 49,488 |
| Total current assets | 2,603,575 |
| Goodwill | 350,529,756 |
| Other intangible assets, net | 573,503,014 |
| Other non-current assets | 965,414 |
| Total assets | $ 927,601,759 |
| Liabilities and member's equity | |
| Current liabilities | |
| Deferred revenue, current portion | $ 1,090,678 |
| Amounts due to related parties | 10,000 |
| Other current liabilities | 59,257 |
| Total current liabilities | 1,159,935 |
| Long-term liabilities | |
| Deferred revenue | 14,431,221 |
| Other non-current liabilities | 557,411 |
| Total liabilities | 16,148,567 |
| Member's equity | 91 |
Source: Item 21 — FINANCIAL STATEMENTS (FDD page 93)
What This Means (2025 FDD)
According to Nothing Bundt Cakes' 2025 Franchise Disclosure Document, the unaudited statement of operations covers the period from December 30, 2024, through March 30, 2025. This statement provides a snapshot of the company's financial performance over these months.
Specifically, the statement includes revenue figures, totaling $14,122,929 from royalties, franchise fees, and other sources. It also details costs and expenses, such as general and administrative expenses amounting to $2,387,833 and depreciation and amortization expenses of $3,689,863. The operating income is reported as $8,045,233.
Furthermore, the statement accounts for other expenses, with a net figure of $89. After factoring in income tax expenses of $19,829, the net income (loss) is reported as $8,025,315. This information is crucial for prospective franchisees as it offers insights into the financial health and operational efficiency of Nothing Bundt Cakes.