Where can I find Bonchon's statements of cashflows within the Disclosure Document?
Bonchon Franchise · 2025 FDDAnswer from 2025 FDD Document
EXHIBIT C TO DISCLOSURE DOCUMENT FINANCIAL STATEMENTS
BONCHON FRANCHISE, LLC (A Limited Liability Company) FINANCIAL STATEMENTS
YEARS ENDED DECEMBER 31, 2024, 2023 AND 2022
BONCHON FRANCHISE, LLC (A Limited Liability Company) FOR THE YEARS ENDED DECEMBER 31, 2024, 2023 AND 2022
INDEPENDENT AUDITOR'S REPORT
To the Member Bonchon Franchise, LLC
Opinion
We have audited the accompanying financial statements of Bonchon Franchise, LLC (a limited liability company), which comprise the balance sheets as of December 31, 2024 and 2023, and the related statements of income and changes in member's equity and cash flows for each of the years in the threeyear period ended December 31, 2024, and the related notes to the financial statements.
In our opinion, the financial statements referred to above present fairly, in all material respects, the financial position of Bonchon Franchise, LLC as of December 31, 2024 and 2023, and the results of its operations and its cash flows for each of the years in the three-year period ended December 31, 2024, in accordance with accounting principles generally accepted in the United States of America.
Source: Item 21 — FINANCIAL STATEMENTS (FDD page 91)
What This Means (2025 FDD)
According to Bonchon's 2025 Franchise Disclosure Document, the financial statements, including the statements of cash flows, are included as Exhibit C to the Disclosure Document. Specifically, the document includes the financial statements for Bonchon Franchise, LLC, covering the years ended December 31, 2024, 2023, and 2022.
The financial statements include balance sheets as of December 31, 2024 and 2023, and the related statements of income and changes in member's equity and cash flows for each of the years in the three-year period ended December 31, 2024, and the related notes to the financial statements.
These financial statements have been audited by an independent auditor, whose report is also included. The auditor's report expresses an opinion on the fairness of the presentation of Bonchon's financial position, results of operations, and cash flows in accordance with accounting principles generally accepted in the United States of America.