For Chatime Franchise LLC, what years are covered by the financial statements included in Exhibit A?
Chatime Franchise · 2025 FDDAnswer from 2025 FDD Document
Exhibit A to the Franchise Disclosure Document FINANCIAL STATEMENTS
CHATIME FRANCHISE LLC (A Limited Liability Company) FINANCIAL STATEMENTS YEARS ENDED DECEMBER 31, 2024 AND 2023
CHATIME FRANCHISE LLC (A Limited Liability Company) FOR THE YEARS ENDED DECEMBER 31, 2024 AND 2023
Source: Item 23 — Receipts (FDD pages 58–262)
What This Means (2025 FDD)
According to Chatime's 2025 Franchise Disclosure Document, the financial statements for Chatime Franchise LLC included in Exhibit A cover the years ended December 31, 2024, and 2023.
These financial statements provide a historical view of Chatime's financial performance, which is essential for prospective franchisees. Reviewing these statements can help potential franchisees understand the company's revenue, expenses, assets, and liabilities during those years. This information can be used to assess the financial stability and overall health of the franchise system.
It is important to note that past financial performance is not necessarily indicative of future results. However, examining these statements in detail, along with other information in the FDD, can assist potential franchisees in making an informed decision about investing in a Chatime franchise.