What years do the audited financial statements for COUNTRY VISIONS cover in the Apricot Lane FDD?
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 Apricot Lane's 2025 Franchise Disclosure Document, the audited financial statements for COUNTRY VISIONS, INC. cover the fiscal years ending December 31, 2024, December 31, 2023, and December 31, 2022. The company's fiscal year concludes on December 31st.
This information is crucial for prospective Apricot Lane franchisees as it provides a glimpse into the financial health and performance of the franchisor over the past three years. Reviewing these statements can help potential franchisees assess the company's revenue trends, profitability, and overall financial stability.
By examining these financial statements, prospective franchisees can gain insights into how the franchisor has performed recently, which can inform their decision-making process. It's common practice for franchisors to include several years of financial data to provide a more comprehensive view of their financial history. Franchisees should carefully analyze these statements and consider seeking professional financial advice to fully understand the implications.