Does Anago Cleaning Systems, Inc. have any subsidiaries whose consolidated financial statements have been audited?
Anago Franchise · 2025 FDDAnswer from 2025 FDD Document
We have audited the consolidated financial statements of Anago Cleaning Systems, Inc. and Subsidiaries and its subsidiaries, which comprise the consolidated balance sheets as of December 31, 2024, 2023, and 2022, and the related consolidated statements of operations, changes in stockholders' equity, and cash flows for the years then ended, and the related notes to the consolidated financial statements.
In our opinion, the accompanying consolidated financial statements present fairly, in all material respects, the financial position of Anago Cleaning Systems, Inc. and Subsidiaries and its subsidiaries as of December 31, 2024, 2023, and 2022, and the results of their operations and their cash flows for the years then ended in accordance with accounting principles generally accepted in the United States of America.
The accompanying consolidated financial statements include the accounts of Anago Cleaning Systems, Inc., Anago Franchising, Inc., Anago Direct Marketing, Inc., APLR, Inc., CCTD, Inc. and PBTR, Inc., (the consolidated group referred to as the "Company").
In January 2023 the Company acquired EHLB, Inc. dba Anago of Las Vegas which is included in the consolidated financial statements during the year ended December 31, 2023. In November 2024, the Company sold the territory held by EHLB, Inc. dba Anago of Las Vegas.
Miller CPA, PLLC, consents to the use in the Franchise Disclosure Document issued by Anago Cleaning Systems, Inc. and Subsidiaries on April 1, 2025 as it may be amended, of our report dated March 17, 2025 relating to the financial statements of the Franchisor as of December 31, 2024, 2023 and 2022 and the years then ended.
Source: Item 23 — RECEIPTS (FDD pages 62–298)
What This Means (2025 FDD)
According to Anago's 2025 Franchise Disclosure Document, the consolidated financial statements of Anago Cleaning Systems, Inc. and its subsidiaries have been audited. The audit includes the consolidated balance sheets as of December 31, 2024, 2023, and 2022, along with the related consolidated statements of operations, changes in stockholders' equity, and cash flows for the years then ended. This audit was conducted by Miller CPA, PLLC, who issued their report on March 17, 2025.
The financial statements include the accounts of Anago Cleaning Systems, Inc., Anago Franchising, Inc., Anago Direct Marketing, Inc., APLR, Inc., CCTD, Inc. and PBTR, Inc., which are collectively referred to as the "Company". In January 2023, Anago acquired EHLB, Inc. dba Anago of Las Vegas, which was included in the consolidated financial statements for the year ended December 31, 2023. However, in November 2024, Anago sold the territory held by EHLB, Inc. dba Anago of Las Vegas.
The inclusion of subsidiary financials in Anago's audited statements provides transparency for potential franchisees. Audited consolidated statements offer a more comprehensive view of the financial health and performance of the entire Anago organization, including its subsidiaries, which can be beneficial for making informed investment decisions. The auditor, Miller CPA, PLLC, has provided their consent to the use of their report in the Franchise Disclosure Document, indicating their professional endorsement of the financial information presented.