Do the Bb.Q Chicken financial statements include an income statement?

According to Bb.Q Chicken's 2025 Franchise Disclosure Document, the franchisor's financial statements, audited by an independent auditor, include a statement of loss and retained deficit.

Specifically, the independent auditor’s report states that the audit encompassed the consolidated financial statements of BBDOTQ USA, Inc. and its subsidiaries. This audit included the balance sheets as of December 31, 2023, and 2022, along with related statements of loss and retained deficit and cash flows for the years then ended. The auditor's report confirms that these financial statements are prepared in accordance with accounting principles generally accepted in the United States of America.

For a prospective franchisee, this means that Bb.Q Chicken provides audited financial statements that include key financial performance indicators like net income (or loss) and changes in retained earnings. This information is crucial for assessing the financial health and stability of the franchisor, which can influence the franchisee's own business prospects. Reviewing these statements can help potential franchisees understand the franchisor's revenue trends, profitability, and overall financial management practices.