Does the 1 800 Packouts FDD include the Parent's audited financial statements?
1_800_Packouts Franchise · 2025 FDDAnswer from 2025 FDD Document
Attached to this disclosure document as Exhibit C are our Parent's audited, fiscal year end financials for 2022, 2023 and 2024. Our fiscal year end is December 31.
Source: Item 21 — FINANCIAL STATEMENTS (FDD pages 65–66)
What This Means (2025 FDD)
According to the 2025 1 800 Packouts Franchise Disclosure Document, the parent's audited financial statements are included. Specifically, Exhibit C contains the audited fiscal year-end financials for 2022, 2023, and 2024. The fiscal year-end for 1 800 Packouts is December 31.
Including these financial statements is a standard practice in franchising, allowing prospective franchisees to assess the financial stability and performance of the parent company. Reviewing these statements can help a potential franchisee evaluate the financial health of 1 800 Packouts and its ability to support its franchisees.
It is important for potential franchisees to carefully review these financial statements and consult with a financial advisor to understand the implications for their investment. Analyzing the trends in revenue, expenses, assets, and liabilities can provide valuable insights into the overall financial condition of 1 800 Packouts.