Are the audited financial statements of GoTo Foods included as Exhibit A in the Cinnabon Disclosure Document?
Cinnabon Franchise · 2025 FDDAnswer from 2025 FDD Document
I, personally, and as a duly authorized officer of the prospective franchisee (if the franchisee is an Entity), hereby acknowledge receipt from Cinnabon Franchisor SPV LLC of the Franchise Disclosure Document (to which this Receipt is attached) dated March 28, 2025.
This Disclosure Document included the following exhibits: A – Financial Statements; B – Franchise Agreement and Related Agreements; C – Other Agreements; D – Information on Franchisees; E-Information on Former Franchisees; F – State Administrators; G- Agents for Service of Process; H – State Addenda to Disclosure Document; and I – Franchisee Disclosure Acknowledgement.
Source: Item 21 — Financial Statements (FDD page 113)
What This Means (2025 FDD)
According to Cinnabon's 2025 Franchise Disclosure Document, the audited financial statements of GoTo Foods are included as Exhibit A. The document also states that the Disclosure Document includes several exhibits, including Exhibit A, which contains the financial statements.
Specifically, the financial statements of GoTo Foods Systems LLC, the guarantor, are included as Exhibit A. These statements include consolidated balance sheets as of December 29, 2024, and December 31, 2023, along with related consolidated statements of operations, changes in member's equity, and cash flows for the fiscal years ended December 29, 2024, December 31, 2023, and December 25, 2022.
Additionally, the audited financial statements of GoTo Foods are included as Exhibit A for the fiscal years December 29, 2024, and December 31, 2023. These statements are provided for disclosure purposes, even though GoTo Foods is not a party to the Franchise Agreement and does not guarantee Cinnabon's obligations under the Franchise Agreement.