Where can I find the audited financial statements for Bang Cookies?
Bang_Cookies Franchise · 2024 FDDAnswer from 2024 FDD Document
FRANCHISE DISCLOSURE DOCUMENT EXHIBIT D FINANCIAL STATEMENTS
Bang Cookies Franchise, LLC
Independent Auditor's Report And
Financial Statements
Period From January 19, 2023 (Inception)to December 31, 2023
Source: Item 21 — FINANCIAL STATEMENTS (FDD pages 55–56)
What This Means (2024 FDD)
According to Bang Cookies' 2024 Franchise Disclosure Document, the audited financial statements are included as Exhibit D. The exhibit includes the Independent Auditor's Report and the financial statements for the period from January 19, 2023 (inception) to December 31, 2023.
The financial statements include a balance sheet as of December 31, 2023, and related statements of operations, members' equity, and cash flows for the period from January 19, 2023, to December 31, 2023, along with notes to the financial statements. These statements provide a comprehensive overview of Bang Cookies' financial position and performance during its initial period of operations as a franchisor.
The inclusion of audited financial statements is a standard practice in franchising, allowing potential franchisees to assess the financial health and stability of Bang Cookies. The audit was conducted by Metwally CPA PLLC, and their report expresses an opinion on the fairness of the presentation of the financial statements in accordance with accounting principles generally accepted in the United States of America.