Does the Aw Disclosure Document include Financial Statements as an exhibit?
Aw Franchise · 2025 FDDAnswer from 2025 FDD Document
I have received the Papa Ray's Pizza Franchise Disclosure Document issued on April 23, 2025. This disclosure document included the following exhibits:
- A. List of State Agencies/Agents for Service of Process
- B. Franchise Agreement (with exhibits)
- C. Financial Statements
- D. List of Franchisees and Affiliate-Owned Locations
- E. Table of Contents of Operations Manual
- F. State Addendum (if applicable)
Source: Item 22 — CONTRACTS (FDD pages 39–40)
What This Means (2025 FDD)
According to Aw's 2025 Franchise Disclosure Document, the document includes financial statements as an exhibit. Specifically, Exhibit C is listed as 'Financial Statements' in the receipt that the prospective franchisee receives along with the disclosure document. This receipt confirms that the franchisee has received all required exhibits, including the financial statements, ensuring they are aware of Aw's financial health before investing.
The inclusion of financial statements is a standard practice in franchising, allowing potential franchisees to assess the financial stability and performance of Aw. By reviewing these statements, a franchisee can evaluate Aw's revenues, expenses, assets, and liabilities to make an informed decision about investing in the franchise.
It is important for prospective Aw franchisees to carefully examine these financial statements and consult with a financial advisor to fully understand the implications. This due diligence can help them assess the risks and potential rewards associated with investing in an Aw franchise.