How often does Beverly Anns Cookie update its financial statements?
Beverly_Anns_Cookie Franchise · 2025 FDDAnswer from 2025 FDD Document
Issuance Date: July 2, 2025
I received a disclosure document issued July 2, 2025 which included the following exhibits:
Exhibit A State Administrators/Agents for Service of Process Exhibit B Financial Statements Exhibit C Franchise Agreement Exhibit D Franchise Disclosure Questionnaire Exhibit E Brand Manual Table of Contents Exhibit F List of Current and Former Franchisees Exhibit G State Addenda and Agreement Riders Exhibit H Contracts for use with the Beverly Ann's Cookie Franchise Exhibit I State Effective Dates Exhibit J Receipt
Source: Item 21 — FINANCIAL STATEMENTS (FDD page 57)
What This Means (2025 FDD)
According to the 2025 Beverly Anns Cookie Franchise Disclosure Document, Exhibit B includes the financial statements. The FDD issuance date is July 2, 2025, suggesting that the financial statements are updated at least annually.
Franchisors typically include their most recent audited financial statements in the FDD, allowing potential franchisees to assess the franchisor's financial health. These statements offer insights into the franchisor's revenues, expenses, assets, and liabilities.
It is important for prospective Beverly Anns Cookie franchisees to carefully review these financial statements and seek professional advice to understand the franchisor's financial stability and ability to support its franchisees. This information can help in making an informed decision about investing in a Beverly Anns Cookie franchise.