What years are covered by the audited financial statements for Churchs Chicken included in Exhibit K?
Churchs_Chicken Franchise · 2025 FDDAnswer from 2025 FDD Document
Attached to this Franchise Disclosure Document as Exhibit K are our audited financial statements as of and for the years ended December 29, 2024, December 31, 2023, and December 25, 2022.
Source: Item 21 — FINANCIAL STATEMENTS (FDD page 67)
What This Means (2025 FDD)
According to Churchs Chicken's 2025 Franchise Disclosure Document, Exhibit K contains the company's audited financial statements. These statements cover the fiscal years ended December 29, 2024, December 31, 2023, and December 25, 2022.
For a prospective franchisee, this means they can review Churchs Chicken's financial performance over the past three years to assess the company's financial health and stability. Analyzing these statements can provide insights into revenue trends, profitability, and overall financial condition, which are crucial factors in evaluating the franchise opportunity.
It is important for potential franchisees to carefully examine these audited financial statements and consult with a financial advisor to fully understand the implications. This due diligence will help them make an informed decision about investing in a Churchs Chicken franchise.