What was the total amount of assets for Browns Chicken as of March 30, 2025?
Browns_Chicken Franchise · 2025 FDDAnswer 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, the financial statements for Browns Chicken are included as Exhibit A. The exhibit includes Browns Chicken's unaudited balance sheet as of March 30, 2025. However, the specific total asset figure is not disclosed in the provided excerpts.
Without this information, prospective franchisees cannot fully evaluate the financial health and stability of Browns Chicken. Understanding the asset values is crucial for assessing the company's ability to support its franchisees and manage its financial obligations.
Therefore, it is recommended that potential Browns Chicken franchisees carefully review Exhibit A of the FDD, and ask the franchisor for the complete balance sheet as of March 30, 2025, to ascertain the total assets. This will enable a comprehensive understanding of the company's financial standing.