Are there financial statements included for Augusta Lawn Care as of December 31, 2023?
Augusta_Lawn_Care Franchise · 2025 FDDAnswer from 2025 FDD Document
We have audited the financial statements of AUGUSTA FRANCHISE LLC (the "Company"), which comprise the Balance Sheet as of December 31, 2024 & December 31, 2023 & December 31, 2022, the related Profit & Loss Statements, the related Statements of Cashflows, the related Statements of Shareholders' Equity, and the related notes for the twelve-month periods then ended. (collectively referred to as the "financial statements").
In our opinion, the accompanying financial statements present fairly, in all material respects, the financial position of the Company at December 31, 2024 & December 31, 2023 & December 31, 2022, and the results of its operations and its cash flows for the twelve-month periods then ended in accordance with accounting principles generally accepted in the United States of America.
Source: Item 21 — FINANCIAL STATEMENTS (FDD page 43)
What This Means (2025 FDD)
According to Augusta Lawn Care's 2025 Franchise Disclosure Document, the company includes audited financial statements. Specifically, the FDD includes the Balance Sheets as of December 31, 2024, December 31, 2023, and December 31, 2022.
These financial statements also include the related Profit & Loss Statements, Statements of Cashflows, Statements of Shareholders' Equity, and related notes for the twelve-month periods then ended. An independent accountant has audited these financial statements.
The inclusion of these audited financial statements provides prospective Augusta Lawn Care franchisees with insight into the company's financial health and performance over the past three years. This information can be valuable for assessing the stability and potential risks associated with investing in an Augusta Lawn Care franchise.
It is important for potential franchisees to carefully review these financial statements and consult with a financial advisor to fully understand their implications. This will help them make an informed decision about whether or not to invest in an Augusta Lawn Care franchise.