As of what date is the unaudited balance sheet for Caring Senior Service included in Exhibit F?
Caring_Senior_Service Franchise · 2025 FDDAnswer from 2025 FDD Document
Attached to this Disclosure Document as Exhibit F, are the following financial statements:
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- Our unaudited balance sheet as of March 31, 2025 and our profit and loss statement for the period beginning January 1, 2025 through March 31, 2025; and
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- Our audited balance sheets as of December 31, 2024, 2023, and 2022, and the related statements of operations, change in partners' capital, and cash flows for the years then-ended.
Source: Item 21 — FINANCIAL STATEMENTS (FDD page 53)
What This Means (2025 FDD)
According to Caring Senior Service's 2025 Franchise Disclosure Document, Exhibit F includes the company's unaudited balance sheet as of March 31, 2025. Additionally, Exhibit F contains the profit and loss statement for the period beginning January 1, 2025, and running through March 31, 2025.
Beyond the unaudited financials, the exhibit also presents Caring Senior Service's audited balance sheets for the years ending December 31, 2024, 2023, and 2022. These audited statements are accompanied by related statements of operations, changes in partners' capital, and cash flows for the corresponding years.
Prospective franchisees should carefully review both the unaudited and audited financial statements to understand Caring Senior Service's financial performance and stability. The unaudited balance sheet provides the most current snapshot, while the audited statements offer a longer-term perspective on the company's financial health. Reviewing these documents is a crucial step in assessing the financial viability of investing in a Caring Senior Service franchise.