Does the Apricot Lane FDD contain financial statements for years other than 2022, 2023, and 2024?
Apricot_Lane Franchise · 2025 FDDAnswer from 2025 FDD Document
Attached hereto as Exhibit A are COUNTRY VISIONS' audited financial statements for the fiscal years ending December 31, 2024, December 31, 2023 and December 31, 2022. COUNTRY VISIONS' fiscal year end is December 31.
Source: Item 21 — FINANCIAL STATEMENTS (FDD page 51)
What This Means (2025 FDD)
According to the 2025 Apricot Lane FDD, the document includes financial statements for the fiscal years ending December 31, 2024, December 31, 2023, and December 31, 2022. The FDD explicitly states that these are the financial statements attached as Exhibit A.
This means that prospective franchisees can review Apricot Lane's financial performance over these three years to assess the company's financial health and stability. Examining these statements can provide insights into revenue trends, profitability, and overall financial condition, which are crucial for making an informed investment decision.
The FDD does not indicate the inclusion of financial statements for any years prior to 2022 or after 2024. Therefore, franchisees will only have access to the company's financial data for those three specific years. If a potential franchisee requires financial information from other years, they should request this information directly from Apricot Lane.