What was the total amount of liabilities for Aunt Millies Bakeries as of September 30, 2022?
Aunt_Millies_Bakeries Franchise · 2025 FDDAnswer from 2025 FDD Document
Exhibit I Financial Statements
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 total liabilities for Aunt Millies Bakeries as of September 30, 2022, based on the 2025 Franchise Disclosure Document excerpts. While the excerpts mention consolidated balance sheets for Perfection Bakeries, Inc. as of September 30, 2023 and 2022, the actual financial figures are not included in the provided documentation.
A prospective franchisee would typically find this information in Item 21 of the FDD, which contains the franchisor's audited financial statements. This section would detail the assets, liabilities, and equity of the company, providing a clear picture of its financial health.
To obtain this information, a potential franchisee should specifically request the complete audited financial statements for Aunt Millies Bakeries, including the consolidated balance sheets, from the franchisor. Reviewing these statements will help assess the company's financial stability and ability to support its franchisees.