What was the total amount of Stretch Zone's cash as of December 31, 2024?
Stretch_Zone Franchise · 2025 FDDAnswer from 2025 FDD Document
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April 30, 2025
Balance Sheets
| December 31, | |||
|---|---|---|---|
| 2024 | 2023 | ||
| ASSETS |
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 company's cash holdings as of December 31, 2024, totaled $392,825. In addition to this, Stretch Zone also held $56,773 in restricted cash.
It is important to note that these figures reflect the financial position of Stretch Zone Franchising, LLC, specifically, and not necessarily the consolidated financial position of its parent company or any related entities. The restricted cash may be designated for a specific purpose, which could limit its availability for general business operations.
A prospective Stretch Zone franchisee should consider these cash amounts in the context of the company's overall financial health, including its liabilities, revenues, and expenses. Analyzing these figures can provide insights into Stretch Zone's ability to support its franchisees and invest in the growth of the franchise system. Furthermore, understanding the nature and purpose of the restricted cash is crucial for assessing the company's financial flexibility.