What was the net value of property and equipment for Stretch Zone as of December 31, 2025?
Stretch_Zone Franchise · 2025 FDDAnswer from 2025 FDD Document
ida
April 30, 2025
Balance Sheets
| December 31, | |||
|---|---|---|---|
| 2024 | 2023 | ||
| ASSETS | |||
| Current assets: | |||
| Cash | $ 392,825 | $ 3,083,795 | |
| Cash - restricted | 56,773 | - | |
| Accounts receivable, net | 1,496,658 | 883,442 | |
| Furniture inventory | 37,028 | 25,040 | |
| Due from related parties | 12,648 | 10,558 | |
| Contract asset, current | 50,475 | 6,475 | |
| Celebrity endorsement and marketing | 121,568 | 131,056 | |
| Prepaid expenses | 73,805 | 72,397 | |
| Total current assets | 2,241,780 | 4,212,763 | |
| Property and equipment, net | 92,103 | 27,989 | |
| Celebrity endorsement and marketing, net | 364,703 | 476,783 | |
| Contract asset, net of current portion | 517,333 | 48,408 | |
| Operating lease, right of use assets, net | 876,811 |
Source: Item 3 — Franchisee/Debtor's Warranties. (FDD pages 263–364)
What This Means (2025 FDD)
According to Stretch Zone's 2025 Franchise Disclosure Document, the net value of property and equipment is detailed in the balance sheets provided for December 31, 2024, and December 31, 2023. As of December 31, 2024, the net value of property and equipment was $92,103, while on December 31, 2023, it was $27,989.
This information is crucial for prospective Stretch Zone franchisees as it provides insight into the company's asset values and how they have changed over time. An increase in property and equipment value could indicate investment in infrastructure or new assets, which may correlate with business growth or expansion. Conversely, a decrease might suggest depreciation or asset disposal.
For a potential franchisee, understanding these figures is essential for assessing the financial health and investment strategies of Stretch Zone. It would be prudent to inquire with the franchisor about the nature of the property and equipment included in these values and the reasons behind any significant changes from year to year. This due diligence will help in making an informed decision about investing in a Stretch Zone franchise.