Does the Casiola FDD include a balance sheet?

According to Casiola's 2024 Franchise Disclosure Document, the financial statements, which were audited, include a balance sheet as of December 31, 2023. The audit also incorporates the statements of operations, members' equity (deficit), and cash flows for the period from January 6, 2023, to December 31, 2023, along with related notes.

The inclusion of a balance sheet in Casiola's FDD provides prospective franchisees with a snapshot of the company's assets, liabilities, and equity at a specific point in time. This allows potential franchisees to assess the company's financial stability and overall financial health. The balance sheet, along with the other financial statements, offers insights into how Casiola manages its finances and resources.

The independent auditor's report indicates that the financial statements present fairly 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. This opinion from a certified public accountant (CPA) adds credibility to the financial information provided in the FDD, assuring potential franchisees that the statements have been reviewed and found to be in compliance with standard accounting practices.