Does the Antioch Pizza Shop FDD include audited balance sheets?
Antioch_Pizza_Shop Franchise · 2025 FDDAnswer from 2025 FDD Document
Attached as Exhibit D to this Franchise Disclosure Document are (i) our audited balance sheets as of December 31, 2024, December 31, 2023, and December 31, 2022, and the related statements of operations, changes in stockholders' equity, and cash flows for the years then ended.
EXHIBIT D
FINANCIAL STATEMENTS
(Attached).
FINANCIAL STATEMENTS WITH INDEPENDENT AUDITOR'S REPORT DECEMBER 31, 2024, 2023, AND 2022
Source: Item 21 — Financial Statements (FDD page 56)
What This Means (2025 FDD)
According to Antioch Pizza Shop's 2025 Franchise Disclosure Document, the document includes audited balance sheets. Item 21 of the FDD contains the financial statements for the company.
Specifically, Exhibit D to the Franchise Disclosure Document includes the audited balance sheets as of December 31, 2024, December 31, 2023, and December 31, 2022. The exhibit also contains related statements of operations, changes in stockholders' equity, and cash flows for the years then ended.
Furthermore, the presence of an Independent Auditor's Report indicates that a professional auditing firm has examined the financial statements of Wix Franchise, Inc., which franchises Antioch Pizza Shop. This report expresses an opinion on the fairness of the presentation of the company's financial position, results of operations, and cash flows in accordance with accounting principles generally accepted in the United States of America.