For Burros Fries, what is the date of the most recent audited financial statement included in the FDD?

According to Burros Fries' 2024 Franchise Disclosure Document, the most recent audited financial statement included covers the period from January 1, 2023, to December 31, 2023. The audit report for these statements is dated November 4, 2024. These audited financial statements, along with those for the years 2021 and 2022, are included as Exhibit G to the FDD.

It is important to note that Burros Fries also includes unaudited financials for the period from January 1, 2024, to October 31, 2024. However, these are explicitly stated as unaudited and are intended for management use only. These unaudited statements should be viewed with caution, as they have not been subjected to the same level of scrutiny as the audited statements.

Prospective franchisees should carefully review all financial statements provided, paying close attention to the auditor's opinion and any notes or qualifications included. Understanding the financial health of Burros Fries is crucial for assessing the risks and potential rewards of investing in a franchise. Additionally, it's advisable to consult with a financial advisor to fully interpret the financial statements and their implications.