What was the gross profit for Perfection Bakeries, Inc., which operates Aunt Millies Bakeries, in 2024?
Aunt_Millies_Bakeries Franchise · 2025 FDDAnswer from 2025 FDD Document
The following pages in Exhibit I contain the audited consolidated balance sheets of Perfection Bakeries, Inc. as of September 30, 2024 and 2023, and September 30, 2023 and 2022, and 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.
Source: Item 23 — RECEIPT (FDD pages 44–196)
What This Means (2025 FDD)
I am unable to provide the gross profit for Perfection Bakeries, Inc. in 2024 based on the 2025 Aunt Millies Bakeries Franchise Disclosure Document. While the FDD includes the consolidated financial statements of Perfection Bakeries, Inc. as of September 30, 2024 and 2023, and the related consolidated statements of income, comprehensive income, and cash flows for the years then ended, the specific gross profit figure is not extracted in the provided excerpts.
To obtain this information, a prospective Aunt Millies Bakeries franchisee should carefully review Exhibit I, which contains the financial statements, within the FDD. If the gross profit is not explicitly stated, it may be possible to calculate it from the revenue and cost of goods sold figures, if those are provided.
Alternatively, the prospective franchisee should directly ask the franchisor for the gross profit figure during their due diligence. Understanding the company's gross profit can help a franchisee assess the overall financial health and profitability of Aunt Millies Bakeries.