On what pages can I find the Independent Auditors' Report for Big Apple Bagels?

According to Big Apple Bagels' 2025 Franchise Disclosure Document, the Independent Auditors' Report can be found on pages 2-3. This report provides an opinion from an independent accounting firm on the fairness and accuracy of Big Apple Bagels' financial statements. Franchisees can use this report to gain insight into the financial health and stability of the franchisor.

The presence of an Independent Auditors' Report is a standard practice in franchising, as it lends credibility to the financial information presented in the FDD. Prospective franchisees should carefully review this report, along with the accompanying financial statements and notes, to assess the financial risks and opportunities associated with investing in a Big Apple Bagels franchise.

Understanding the auditor's opinion and any qualifications they may have is crucial. A clean opinion indicates that the financial statements are presented fairly in all material respects, while a qualified opinion may raise concerns that require further investigation. Franchisees might want to discuss the report with a financial advisor to fully understand its implications.