Does the Apricot Lane FDD include financial statements for any entity other than COUNTRY VISIONS?

According to the 2025 Apricot Lane FDD, the document focuses on the financial statements of COUNTRY VISIONS, Inc., the franchisor. The FDD does not explicitly state whether it includes financial statements for any other entities, parents, predecessors, or affiliates. However, Item 1 indicates that COUNTRY VISIONS has no predecessors or parent companies and that COUNTRY VISIONS does not have any affiliates that have offered franchises in any line of business or that provide products or services to the franchisees. Also, the financial statements provided in Item 23 are specifically for Country Visions, Inc.

While the FDD provides financial information regarding COUNTRY VISIONS, it does not offer statements for any parent companies, predecessors, or affiliates because the company states that none exist. Item 23 includes a summary of significant accounting policies for Country Visions, Inc., further emphasizing the focus on the franchisor's financial standing. This is a common practice in franchising, as the franchisee primarily interacts with the franchisor.

Given the absence of additional financial statements, a prospective Apricot Lane franchisee should focus on analyzing the provided statements for COUNTRY VISIONS to assess the franchisor's financial health and stability. If the franchisee is interested in the financial performance of any suppliers, they should conduct their own independent research. It is important to carefully review the financial performance representations in Item 19 and request written substantiation for these representations to gain a comprehensive understanding of potential store revenues.