table_specific

What was the net loss/income for City Publications in 2022?

City_Publications Franchise · 2025 FDD

Answer from 2025 FDD Document

The financial statements of CITY PUBLICATIONS FRANCHISE GROUP, INC. for the year ended December 31, 2022, were audited by another auditor who expressed an unmodified opinion on those statements on March 15, 2023.

Source: Item 23 — RECEIPT (FDD pages 39–129)

What This Means (2025 FDD)

Based on the 2025 Franchise Disclosure Document, the financial statements of City Publications Franchise Group, Inc. for the year ended December 31, 2022, were audited by another auditor who expressed an unmodified opinion on those statements on March 15, 2023.

While the FDD mentions that the 2022 financial statements were audited, it does not provide the actual figures for net income or loss. A prospective franchisee would need to obtain these financial statements to assess the profitability of City Publications during that period.

To gain a comprehensive understanding of City Publications' financial performance, a potential franchisee should request a copy of the audited financial statements for 2022 from the franchisor. This will allow for a detailed review of the company's revenues, expenses, and overall profitability, aiding in the decision-making process.

Disclaimer: This information is extracted from the 2025 Franchise Disclosure Document and is provided for research purposes only. It does not constitute legal or financial advice. Consult with a franchise attorney before making any investment decisions.