On what page of the Chesters FDD can I find the Balance Sheets?

According to Chesters's 2025 Franchise Disclosure Document, the balance sheets as of December 31, 2024 and 2023 can be found on page 64. Additionally, the balance sheets as of December 31, 2023 and 2022 are located on page 79. These balance sheets are part of the financial statements included in Exhibit D of the FDD.

These financial statements are crucial for prospective franchisees as they provide a detailed overview of Chesters's financial health. The balance sheets specifically outline the company's assets, liabilities, and equity at a specific point in time, offering insights into its solvency and financial structure. Reviewing these documents can help a potential franchisee assess the financial stability of Chesters before investing in a franchise.

The inclusion of audited balance sheets for multiple years (2022, 2023, and 2024) allows for a comparative analysis of Chesters's financial performance over time. This historical perspective can reveal trends and patterns that might not be apparent from a single year's data. It also demonstrates the company's commitment to transparency and compliance with accounting standards, as the financial statements have been audited by an independent firm, Warren Averett, LLC.

Prospective franchisees should carefully examine these balance sheets and consult with a financial advisor to fully understand the implications of the data presented. Key areas to focus on include the level of debt, the composition of assets, and the overall equity position. Understanding these elements will enable a franchisee to make an informed decision about investing in a Chesters franchise.