According to the 2024 Chocolate Fish Coffee Franchise Disclosure Document, the balance sheet provided is as of December 31, 2023. The financial statements include an independent accountant's audit report and accompanying notes. The company's fiscal year ends on December 31, and the balance sheet reflects the financial position of the company at that date.

Because Chocolate Fish Coffee has not been in business for three years or more, the FDD does not include all financial statements typically required by the Franchise Rule of the Federal Trade Commission. Instead, Exhibit D contains the audited opening balance sheet specifically for December 31, 2023.

Prospective franchisees should note that the financial statements offer a snapshot of the company's financial health at a specific point in time. Reviewing these statements, along with the accompanying notes and the independent accountant's audit report, can provide valuable insights into Chocolate Fish Coffee's financial stability and operational performance.