According to Casiola's balance sheet, on what page can it be found?
Casiola Franchise · 2024 FDDAnswer from 2024 FDD Document
Metwally CPA PLLC
CERTIFIED PUBLIC ACCOUNTANT
1312 Norwood Dr STE 100, Bedford, Texas 76022
Cell: 214-200-5434 (Mohamed Metwally) Mmetwally@metwallycpa.com
Independent Auditor's Report
To the Members of Casiola Franchise, LLC Orlando, Florida
Opinion
We have audited the accompanying financial statements of Casiola Franchise, LLC (the "Company"), which comprise the balance sheet as of December 31, 2023 and the related statements of operations, members' equity (deficit), and cash flows for the period from January 6, 2023 to December 31, 2023 and the related notes to the financial statements.
In our opinion, the financial statements referred to above present fairly, in all material respects, the financial position of Casiola Franchise, LLC as of December 31, 2023 and the results of its operations and its cash flows for the period from January 6, 2023 to December 31, 2023 in accordance with accounting principles generally accepted in the United States of America.
Source: Item 23 — RECEIPTS (FDD pages 47–209)
What This Means (2024 FDD)
According to Casiola's 2024 Franchise Disclosure Document, the balance sheet can be found on page 59. The independent auditor's report references the balance sheet as of December 31, 2023, along with related statements of operations, members' equity (deficit), and cash flows for the period from January 6, 2023, to December 31, 2023.
The auditor, Metwally CPA PLLC, based in Bedford, Texas, states that the financial statements present fairly the financial position of Casiola Franchise, LLC as of December 31, 2023, in accordance with accounting principles generally accepted in the United States of America. The report outlines the responsibilities of both the management and the auditor in preparing and auditing these financial statements.
Prospective franchisees should review the balance sheet and related financial statements carefully to understand Casiola's financial health and performance. Understanding the company's assets, liabilities, and equity can provide valuable insights into its stability and ability to support its franchisees. Additionally, reviewing the auditor's report can offer assurance regarding the reliability of the financial information presented.