table_specific

How much did Browns Chicken spend on accounting fees from January 1 to March 30, 2025?

Browns_Chicken Franchise · 2025 FDD

Answer from 2025 FDD Document

Attached hereto as Exhibit A is Brown's audited balance sheet as of December 31, 2024, December 31, 2023, and December 31, 2022, and the Statement of Operations, Statement of Changes in Members' Equity, and Statement of Cash Flows for the years then ended.

Also attached as Exhibit A is Brown's unaudited balance as of March 30, 2025, and its Statement of Operations for the 2 months ended on March 30, 2025.

Source: Item 21 — FINANCIAL STATEMENTS (FDD page 42)

What This Means (2025 FDD)

Based on the 2025 Franchise Disclosure Document, it is not possible to determine the exact amount Browns Chicken spent on accounting fees from January 1 to March 30, 2025. While the document includes financial statements such as the Profit & Loss statement for the period from January 1 through March 30, 2025, and audited balance sheets, statements of operations, changes in member's equity, and cash flow statements for previous years, it does not provide a specific breakdown of accounting fees for that particular period. The financial statements included in the FDD offer a general overview of the company's financial performance and position, but lack the detailed expense information needed to answer the question.

Item 21 includes Browns Chicken's balance sheets as of December 31, 2024, December 31, 2023, and December 31, 2022, along with statements of operations, changes in members' equity, and cash flows for the years then ended. There is also an unaudited balance sheet as of March 30, 2025, and a statement of operations for the two months ended on March 30, 2025. These documents are part of Exhibit A to the FDD.

A prospective Browns Chicken franchisee should request a detailed breakdown of the company's expenses, including accounting fees, for the period in question. This information would provide a clearer understanding of the costs associated with running the franchise and help in making an informed investment decision. Contacting existing franchisees may also provide valuable insights into typical accounting expenses.

Disclaimer: This information is extracted from the 2025 Franchise Disclosure Document and is provided for research purposes only. It does not constitute legal or financial advice. Consult with a franchise attorney before making any investment decisions.