Are the C12 Group financial statements attached to the disclosure document?
C12_Group Franchise · 2025 FDDAnswer from 2025 FDD Document
Issuance date: April 30, 2025
I received a disclosure document dated April 30, 2025 that included the following exhibits:
- A. Franchise Agreement
- A-1. General Release Form
- B. Financial Statements
- C. Agents for Service of Process; State Administrators
- D. List of Franchises
- E. Operating Manual Table of Contents
- F. Certain State Disclosures
- G. State Effective Dates
- H. Receipt
Source: Item 21 — FINANCIAL STATEMENTS (FDD page 46)
What This Means (2025 FDD)
According to the 2025 C12 Group Franchise Disclosure Document, the financial statements are included as part of the disclosure document. Specifically, Exhibit B to the disclosure document contains the financial statements.
It is standard practice for franchisors to include financial statements in their FDDs. These statements provide prospective franchisees with an overview of the franchisor's financial health, including their assets, liabilities, equity, revenue, and expenses. Reviewing these statements is a crucial step in assessing the financial stability of C12 Group and its ability to support its franchisees.
As a potential franchisee, it is important to carefully examine C12 Group's financial statements and consult with a financial advisor to understand the implications of the data presented. This review should include analyzing trends in revenue, profitability, and cash flow, as well as assessing any potential risks or liabilities that could impact the franchisor's ability to meet its obligations.