factual

What date is the auditor's report for Beggars Pizza's financial statements?

Beggars_Pizza Franchise · 2025 FDD

Answer from 2025 FDD Document

Attached to this disclosure document as Exhibit A is a copy of our audited financial statements as of December 31, 2024; December 31, 2023; and December 31, 2022.

EXHIBIT A

FINANCIAL STATEMENTS

AUDIT REPORT FOR THE YEAR ENDED DECEMBER 31, 2024

Beggars Pizza Franchise, LLC Audit Report For the Year Ended December 31, 2024

Source: Item 21 — FINANCIAL STATEMENTS (FDD page 39)

What This Means (2025 FDD)

According to the 2025 Beggars Pizza Franchise Disclosure Document, the audit report for the year ended December 31, 2024, is included as part of the financial statements. The FDD includes audited financial statements as of December 31, 2024, December 31, 2023, and December 31, 2022. These statements provide a financial overview of Beggars Pizza's performance over the past three years.

Specifically, the independent auditor's report states that they have audited the balance sheets as of December 31, 2024 and 2023, along with the related statements of income, members' equity, and cash flows for the years then ended. This indicates that the auditor has examined these financial statements to provide an opinion on their fairness and accuracy.

For a prospective Beggars Pizza franchisee, this means that the FDD includes recent, audited financial information that can be used to assess the financial health and stability of the franchisor. Reviewing these statements, along with the accompanying notes, can provide valuable insights into Beggars Pizza's revenue, expenses, assets, and liabilities. It is important to note that while the FDD includes the audit report, it does not specify the exact date the report was issued.

To determine the specific date of the auditor's report, a prospective franchisee should review Exhibit A of the FDD, which contains the financial statements, or directly ask Beggars Pizza for the date the audit report was issued. Knowing this date can help a franchisee understand how current the financial information is and whether there have been any significant changes since the audit was completed.

Disclaimer: This information is extracted from the 2025 Franchise Disclosure Document and is provided for research purposes only. It does not constitute legal or financial advice. Consult with a franchise attorney before making any investment decisions.