Where in the disclosure document is the financial performance information for Beggars Pizza included?
Beggars_Pizza Franchise · 2025 FDDAnswer 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
Source: Item 19 — FINANCIAL PERFORMANCE REPRESENTATION (FDD page 36)
What This Means (2025 FDD)
According to Beggars Pizza's 2025 Franchise Disclosure Document, the audited financial statements are included as Exhibit A. Item 21 of the FDD contains these financial statements, which include the balance sheets as of December 31, 2024, December 31, 2023, and December 31, 2022.
The financial statements provide a prospective franchisee with an overview of Beggars Pizza's financial health. These statements are audited, meaning they have been reviewed by an independent accounting firm, adding a level of credibility. The audit includes exercising professional judgment, assessing risks of material misstatement, understanding internal control, evaluating accounting policies, and concluding on the company's ability to continue as a going concern.
The financial statements include information about Beggars Pizza's assets, liabilities, and equity, as well as revenue and expenses. These statements can help a potential franchisee assess the financial stability of Beggars Pizza and understand how the company manages its finances. Reviewing these statements is a crucial step in the due diligence process before investing in a Beggars Pizza franchise.