Where can I find Bonchon's audited balance sheets within the Disclosure Document?

According to Bonchon's 2025 Franchise Disclosure Document, the audited balance sheets can be found in Exhibit C. Item 21 of the FDD states that the document includes Bonchon's audited balance sheets as of December 31, 2024, 2023 and 2022. The exhibit also contains related statements of income and changes in member's equity (deficit) and cashflows for the years ended December 31, 2024, December 31, 2023 and December 31, 2022.

As a prospective franchisee, reviewing these financial statements is crucial for assessing the financial health and stability of Bonchon. The balance sheets provide a snapshot of the company's assets, liabilities, and equity at specific points in time, while the income statements and cash flow statements reveal the company's performance over the past three years.

By examining these statements, potential franchisees can gain insights into Bonchon's profitability, liquidity, and solvency. This information can help them make an informed decision about whether to invest in a Bonchon franchise. It is advisable to consult with a financial advisor to properly interpret these financial statements and understand their implications.