How are the consolidated totals for City Wide calculated from the individual company revenues and expenses?

According to City Wide's 2025 Franchise Disclosure Document, the consolidated financial statements include the accounts of City Wide Franchise Company, Inc. and its wholly-owned subsidiaries, which are City Wide Franchise Company of Canada, Inc. and City Wide International Franchise Company. These entities are collectively referred to as "the Company."

The document states that all significant intercompany accounts and transactions are eliminated during the consolidation process. This means that any financial transactions (revenues, expenses, loans, etc.) between City Wide Franchise Company, Inc., City Wide Franchise Company of Canada, Inc., and City Wide International Franchise Company are removed from the consolidated figures to avoid double-counting and to present a clear picture of the overall financial position of the entire City Wide organization.

For a prospective franchisee, this consolidation approach provides a more accurate view of the financial health of the entire City Wide franchise system, as it eliminates any artificial inflation of revenues or expenses that could occur from transactions between the parent company and its subsidiaries. This is a standard accounting practice that ensures the financial statements reflect the true economic performance of the consolidated entity.