Where can I find the consolidated audited balance sheets for Annex Brands in the FDD?

According to Annex Brands' 2025 Franchise Disclosure Document, the consolidated audited balance sheets can be found in Exhibit F. This exhibit includes Annex Brands' consolidated audited balance sheets as of September 30, 2024, and 2023. Additionally, Exhibit F contains the consolidated statements of income, shareholders' equity, and cash flows for the years ended September 30, 2024, 2023, and 2022, along with notes to the consolidated financial statements.

Item 21 of the FDD provides the financial statements of Annex Brands. These statements are crucial for potential franchisees as they offer a detailed look into the financial health and performance of the company. The inclusion of balance sheets, income statements, statements of cash flow, and statements of shareholder equity gives a comprehensive view of the company's financial standing over the past three fiscal years.

Prospective franchisees should carefully review these financial statements and consult with a financial advisor to understand the implications of the data presented. Understanding Annex Brands' financial performance can help franchisees assess the stability and potential profitability of the franchise system. The fiscal year end for Annex Brands is September 30.