What pages contain the Notes to Financial Statements in the Bojangles FDD?
Bojangles Franchise · 2025 FDDAnswer from 2025 FDD Document
| Page(s) | |
|---|---|
| Report of Independent Auditors 1–2 | |
| Financial Statements | |
| Balance Sheets | |
| 3 | |
| Statements of Income | |
| 4 | |
| Statements of Member's Equity | |
| 5 | |
| Statements of Cash Flows | |
| 6 | |
| Notes to Financial Statements | |
| 7–26 |
Source: Item 22 — CONTRACTS (FDD page 82)
What This Means (2025 FDD)
According to Bojangles' 2025 Franchise Disclosure Document, the Notes to Financial Statements are located on pages 7 through 26. This section is part of the consolidated financial statements included in the FDD. These notes provide additional details and explanations to the figures presented in the core financial statements, such as the balance sheets, income statements, statements of member's equity, and cash flow statements.
For a prospective Bojangles franchisee, reviewing these notes is crucial for a comprehensive understanding of the franchisor's financial health. The notes may contain information about debt obligations, contingent liabilities, significant accounting policies, and other factors that could impact the financial performance of Bojangles. Understanding these details can help a franchisee assess the financial stability of the franchise system and make informed decisions.
It is common practice for franchise FDDs to include several years of audited financial statements along with detailed notes. These notes are prepared in accordance with accounting principles generally accepted in the United States of America. Franchisees should carefully examine these notes and consider consulting with a financial advisor to fully understand the implications of the information presented.