factual

What exhibit contains the audited financial statements for Buona?

Buona Franchise · 2025 FDD

Answer from 2025 FDD Document

Attached to this Franchise Disclosure Document as Exhibit D is our audited financial statements which include the balance sheet as of December 29, 2024 and December 31, 2023 and the related statements of operations, changes in members' equity, and cash flows for the years ending December 29, 2024 and December 31, 2023; and the balance sheet as of December 31, 2023 and January 1, 2023 and the related statements of operations, changes in members' equity, and cash flows for the years ending December 31, 2023 and January 1, 2023.

Our fiscal year ends on the Sunday nearest to December 31 each year.

Source: Item 21 — FINANCIAL STATEMENTS (FDD page 78)

What This Means (2025 FDD)

According to Buona's 2025 Franchise Disclosure Document, the audited financial statements are included as Exhibit D. This exhibit contains the balance sheets as of December 29, 2024, and December 31, 2023, along with the related statements of operations, changes in members' equity, and cash flows for the years ending December 29, 2024, and December 31, 2023. Additionally, it includes the balance sheet as of December 31, 2023, and January 1, 2023, and the related statements of operations, changes in members' equity, and cash flows for the years ending December 31, 2023, and January 1, 2023.

Prospective franchisees should carefully review these financial statements to understand Buona's financial health and performance. Audited financial statements provide an independent assessment of the company's financial position, offering a more reliable view compared to unaudited statements. This information is crucial for assessing the franchisor's stability and ability to support its franchisees.

The FDD also notes that Buona's fiscal year ends on the Sunday nearest to December 31 each year. This detail is important for understanding the timeframes covered in the financial statements and for comparing Buona's financial reporting with other companies that may have different fiscal year-ends. Reviewing these statements will help potential franchisees make informed decisions about investing in a Buona franchise.

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.