For which fiscal years are Bb.Q Chicken's audited financial statements provided?
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.
Our fiscal year end is December 31st.
Source: Item 21 — FINANCIAL STATEMENTS (FDD page 62)
What This Means (2025 FDD)
According to Bb.Q Chicken's 2025 Franchise Disclosure Document, the audited financial statements included as Exhibit A are for the fiscal years ended December 31, 2024, December 31, 2023, and December 31, 2022. Additionally, the FDD includes unaudited financial statements as of February 28, 2025. Bb.Q Chicken's fiscal year ends on December 31st.
This means a prospective franchisee can review Bb.Q Chicken's financial performance over the past three years to identify trends and assess the company's financial health. Audited statements provide a higher level of assurance compared to unaudited ones, as they have been reviewed by an independent accounting firm.
The inclusion of both audited statements for multiple years and an unaudited statement for the current year-to-date offers a relatively comprehensive view of Bb.Q Chicken's recent financial history. Franchisees should carefully examine these statements and consider consulting with a financial advisor to fully understand the implications.