According to Red Wagon Club's 2024 Franchise Disclosure Document, the company's total assets as of July 16, 2024, were $90,000. This figure is derived from the company's opening balance sheet, which is included as Exhibit D in the FDD. The assets are entirely comprised of cash held in a City National Bank account.

This relatively low asset value reflects the fact that Red Wagon Club was newly formed on June 27, 2024, shortly before the balance sheet date. The balance sheet provides a snapshot of the company's financial position at that specific point in time.

Prospective franchisees should note that these are unaudited figures. The FDD explicitly states that "These Financial Statements Have Been Prepared Without An Audit." This means that an independent certified public accountant has not verified the accuracy of these figures. While not necessarily a cause for alarm, franchisees should perform their own due diligence and possibly seek independent financial advice to evaluate the franchisor's financial condition. It is common practice for more established franchisors to provide audited financial statements in their FDDs, which offer a higher level of assurance.