factual

For Cd One Price Cleaners, what periods are covered by the statements of operations?

Cd_One_Price_Cleaners Franchise · 2025 FDD

Answer from 2025 FDD Document

Fiscal Year – The Company's fiscal year ends on the last Friday in December. Fiscal year 2024 contained fifty-two weeks and fiscal year 2023 contained fifty-two weeks.

Source: Item 21 — Financial Statements (FDD page 72)

What This Means (2025 FDD)

According to Cd One Price Cleaners' 2025 Franchise Disclosure Document, the company's fiscal year ends on the last Friday in December. Specifically, the financial statements include data for fiscal year 2024, which contained fifty-two weeks, and fiscal year 2023, which also contained fifty-two weeks, according to Item 22.

This information is relevant to prospective franchisees as it indicates the time frame for which Cd One Price Cleaners provides financial performance data. Understanding the length and timing of these fiscal years allows franchisees to assess the consistency and comparability of the financial information presented. Franchisees can use this information to evaluate the franchisor's financial performance and trends over the stated periods.

It is important to note that the fiscal year end date and the duration of the fiscal years are explicitly defined, providing clarity on the reporting periods. This standardization helps in the analysis of financial data and in making informed decisions about investing in a Cd One Price Cleaners franchise.

Disclaimer: This information is extracted from the 2025 Franchise Disclosure Document and is provided for research purposes only. It does not constitute legal or financial advice. Consult with a franchise attorney before making any investment decisions.