What was the net income for Perfection Bakeries, Inc., which is affiliated with 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 net income for Perfection Bakeries, Inc. for 2024, based on the 2025 Aunt Millies Bakeries Franchise Disclosure Document. While the document includes consolidated financial statements for Perfection Bakeries, Inc. and related entities, specifically balance sheets as of September 30, 2024 and 2023, and statements of income, comprehensive income, and cash flows for the years then ended, the actual net income figure is not present in the provided excerpts.
To obtain this information, a prospective Aunt Millies Bakeries franchisee should carefully review Exhibit I, which contains the audited consolidated financial statements, or request a copy of the complete audited financial statements from the franchisor.
Specifically, the franchisee should ask Aunt Millies Bakeries to provide the full CONSOLIDATED STATEMENTS OF INCOME for the years ended September 30, 2024 and 2023. This statement will show the revenues, expenses, and ultimately the net income for Perfection Bakeries, Inc.