What years are covered by the GoTo Foods financial statements included in the Auntie Annes FDD?

According to Auntie Anne's 2024 Franchise Disclosure Document, the audited financial statements of GoTo Foods LLC and subsidiaries include consolidated balance sheets as of December 31, 2023, and December 25, 2022. The financial statements also include consolidated statements of operations, changes in member's equity, and cash flows for the fiscal years ended December 31, 2023, and December 25, 2022. Additionally, the statements of operations, changes in member's equity, and cash flows include data for the fiscal year ended December 26, 2021.

For a prospective Auntie Anne's franchisee, this means they can review GoTo Foods' financial performance over the past three fiscal years to assess the financial stability and trends of Auntie Anne's parent company. This information can be valuable in evaluating the overall health and potential risks associated with investing in an Auntie Anne's franchise.

It is important to note that these are the financial statements of GoTo Foods, the parent company, and not solely of Auntie Anne's. While GoTo Foods guarantees the performance of Auntie Anne's obligations under the Franchise Agreement, understanding the broader financial picture of the parent company can provide additional insight. Franchisees should carefully review these statements and consider seeking professional financial advice to fully understand the implications.