As of what date are Bb.Q Chicken's unaudited financial statements?
Bb_Q_Chicken Franchise · 2025 FDDAnswer from 2025 FDD Document
Attached to this Disclosure Document as Exhibit A are our audited financial statements for the fiscal years ended December 31, 2024, December 31, 2023, and December 31, 2022. Also attached are our unaudited financial statements as of February 28, 2025.
Source: Item 21 — FINANCIAL STATEMENTS (FDD page 62)
What This Means (2025 FDD)
According to Bb.Q Chicken's 2025 Franchise Disclosure Document, the company includes unaudited financial statements as part of their financial reporting. These unaudited statements are current as of February 28, 2025.
For a prospective franchisee, this means that Bb.Q Chicken provides a recent snapshot of their financial status in addition to the audited statements. Unaudited statements offer a more up-to-date view, though they have not been subjected to the same level of scrutiny as the audited ones.
It is important for potential franchisees to review these unaudited statements carefully, alongside the audited ones, to get a comprehensive understanding of Bb.Q Chicken's financial performance and stability. While the audited statements provide a validated view of past performance, the unaudited statements offer insights into the company's more recent financial condition.