According to Red Wagon Club's 2024 Franchise Disclosure Document, David Carrier's capital contribution to the company as of July 16, 2024, was $45,000. RJon Robins also contributed $45,000, bringing the total capital contribution to $90,000. This information is derived from the company's balance sheet, which is an audited opening balance sheet. The balance sheet provides a snapshot of the company's assets, liabilities, and equity at a specific point in time.

The balance sheet shows that Red Wagon Club's total assets as of July 16, 2024, were $90,000, all held in a City National Bank account. The equity section of the balance sheet details the capital contributions made by David Carrier and RJon Robins, which together account for the entire equity of the company. The total liabilities and equity also amount to $90,000, balancing the assets.

Prospective franchisees should note that these are the initial financial figures for Red Wagon Club, as the company was recently formed on June 27, 2024. The financial statements included in the FDD have been prepared without an audit. While the balance sheet provides a basic overview of the company's initial capitalization, it does not offer insights into its ongoing financial performance or future prospects. Franchisees should consider this limited financial history and seek further information from Red Wagon Club regarding its financial projections and business plan.