Does the Aunt Millies Bakeries FDD include consolidated statements of income?

According to Aunt Millies Bakeries's 2025 Franchise Disclosure Document, the financial statements included as Exhibit I contain audited consolidated balance sheets of Perfection Bakeries, Inc. as of September 30, 2024 and 2023, and September 30, 2023 and 2022. The exhibit also includes the related consolidated statements of income and/or operations, comprehensive income and/or loss and cash flows for the years then ended, and the related notes to the financial statements.

This means that prospective Aunt Millies Bakeries franchisees can review the financial performance of Perfection Bakeries, Inc., which is the parent company of Aunt Millie's Bakeries, over a two-year period. These statements provide insights into the company's profitability, assets, liabilities, and cash flow, which can help franchisees assess the financial stability of the franchisor.

By examining these consolidated statements, potential franchisees can gain a better understanding of Aunt Millie's Bakeries's financial health and make a more informed decision about investing in a franchise. It is important to carefully review these statements and consult with a financial advisor to fully understand the implications of the financial data presented.