When are the monthly financial statements due from a Cd One Price Cleaners franchisee?

According to the 2025 FDD, Cd One Price Cleaners franchisees must submit financial statements to the franchisor within fifteen (15) days after the close of each fiscal month. These statements should reflect the store's operational results for that month, including year-to-date information, and must adhere to the forms and formats specified by Cd One Price Cleaners.

These financial statements must include an income statement, a balance sheet, and a statement of cash flows. If a franchisee operates multiple Cd One Price Cleaners locations, the income statement should be consolidated and provided for each individual store. For annual financial statements, Cd One Price Cleaners has the option to require a review report prepared by an independent certified public accountant approved by them.

This requirement ensures that Cd One Price Cleaners has timely access to the financial performance data of each franchise, allowing them to monitor the overall health of the franchise system and provide support or guidance as needed. Franchisees should be prepared to maintain accurate and up-to-date financial records and to submit them promptly to comply with the franchise agreement.