What was the total value of Stretch Zone's cash, restricted, as of December 31, 2024?

According to Stretch Zone's 2025 Franchise Disclosure Document, the company's restricted cash totaled $56,773 as of December 31, 2024. This is separate from their unrestricted cash, which amounted to $392,825 on the same date. Restricted cash typically refers to funds set aside for a specific purpose and not available for general use.

For a prospective Stretch Zone franchisee, understanding the levels of both cash and restricted cash can provide insights into the company's financial health and liquidity. It demonstrates the company's ability to meet its short-term obligations and manage its finances. The presence of restricted cash suggests that Stretch Zone has specific financial commitments or obligations it needs to fulfill.

It's important to note that while the FDD provides a snapshot of Stretch Zone's financials, it does not detail the exact nature or purpose of the restricted cash. A potential franchisee should inquire about the specifics of these restrictions to fully understand their implications. This information can be crucial in assessing the overall financial stability and future prospects of the franchise system.