Which exhibit in the Browns Chicken Franchise Disclosure Document contains the financial statements?
Browns_Chicken Franchise · 2025 FDDAnswer from 2025 FDD Document
| The name, principal business address and telephone number of each franchise seller offering the franchise (check names that apply): |
|---|
| Brian Kennefick, 484 Glenmore Place, Roselle, Illinois |
| 60172, Telephone: (630) 709-1155 |
| Timothy Kennefick, 55 E. Park Blvd., Villa Park, Illinois 60181, Telephone: (630) 359-5358 |
| Timothy Falconio, 55 E. Park Blvd., Villa Park, Illinois 60181, Telephone: (630) 359-5358 |
| Thomas M. Kennefick, Sr., 55 E. Park Blvd., Villa Park, Illinois 60181, Telephone: (630) 359-5358 |
| Brian Bernard 55 E. Park Blvd., Villa Park, Illinois 60181, Telephone: (630) 359-5358 |
| Other:, |
| I have received a Franchise Disclosure Document issuance date of April 30, 2025 |
| and as registered in Illinois and Indiana |
| on the dates shown on Exhibit K of this disclosure document. |
| This Franchise Disclosure Document includes the |
| following Exhibits: |
| Exhibit A: Financial Statements |
| Exhibit B: List of State Agents/Agents for Service of Process |
| Exhibit C: List of Franchisee-owned Stores as of 12/31/24 |
| Exhibit D: List of Franchisees Who Left the System in 2024 |
| Exhibit E. Preliminary Agreement |
| Exhibit F: Franchise Agreement |
| Rider A |
| Territory |
| Rider B |
| Collateral Assignment of Lease |
| Rider C |
| Bank Draft Form |
| Rider D |
| Security Agreement and UCC Financing Statement |
| Rider E |
| Guaranty and Assumption of Obligations under Franchise Agreement |
| Rider F |
| Authorization to Accountant |
| Rider G |
| Video Gaming |
| Exhibit G: Sublease and Guaranty and Assumption of Obligations under Sublease |
| Exhibit H: Operating Manual Table of Contents |
| Exhibit I: Franchisee's Disclosure Questionnaire |
| Exhibit J: State Addendum (if applicable) |
| Date |
| Prospective Franchisee |
Source: Item 23 — RECEIPT (FDD pages 43–202)
What This Means (2025 FDD)
According to Browns Chicken's 2025 Franchise Disclosure Document, Exhibit A contains the financial statements. The receipt page of the FDD lists all the exhibits included in the document. This list includes exhibits such as the list of state agents, list of franchisee-owned stores, list of franchisees who left the system, preliminary agreement, franchise agreement, and more.
Financial statements are a crucial part of the FDD as they provide prospective franchisees with an overview of the franchisor's financial health. Reviewing these statements can help potential franchisees assess the stability and profitability of Browns Chicken.
It is important for prospective franchisees to carefully examine Exhibit A and consult with a financial advisor to fully understand the financial position of Browns Chicken before making any investment decisions.