Where can I find the Report of Independent Auditors in the Checkers FDD?
Checkers Franchise · 2025 FDDAnswer from 2025 FDD Document
| Contents | Page | |
|---|---|---|
| Report of Independent Certified Public Accountants | 3 | |
| Consolidated Financial Statements | ||
| Consolidated balance sheets | 5 | |
| Consolidated statements of operations | 6 | |
| Consolidated statements of stockholders' equity (deficit) | 7 | |
| Consolidated statements of cash flows | 8 | |
| Notes to consolidated financial statements | 9 |
Source: Item 21 — FINANCIAL STATEMENTS (FDD page 91)
What This Means (2025 FDD)
According to the 2025 Checkers Franchise Disclosure Document, the Report of Independent Auditors can be found on page 1 of the financial statements. The financial statements are included as Exhibit H to the FDD.
These financial statements include consolidated balance sheets as of December 30, 2024 (Successor), January 1, 2024 (Successor) and January 2, 2023 (Predecessor), along with consolidated statements of operations, stockholder's equity (deficit), and cash flows for various periods ending December 30, 2024. These statements also include notes, which provide additional context and details about the financial figures presented.
As a prospective franchisee, reviewing these audited financial statements and the accompanying Report of Independent Auditors is crucial. It provides an overview of Checkers' financial health, performance, and stability, all of which are important factors in assessing the risks and opportunities associated with investing in a Checkers franchise.