Which entities are included in the consolidated financial statements for City Wide?

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. These subsidiaries are City Wide Franchise Company of Canada, Inc., which is domiciled in British Columbia, Canada, and City Wide International Franchise Company. All significant intercompany accounts and transactions have been eliminated during the consolidation process.

For a prospective franchisee, this means that the financial statements presented in the FDD provide a comprehensive view of the entire City Wide organization's financial performance. This consolidated view eliminates any potential distortions that could arise from transactions between the parent company and its subsidiaries, offering a clearer picture of the overall financial health of the City Wide franchise system.

Understanding which entities are included in the consolidated statements is crucial for assessing the financial stability and performance of City Wide. Franchisees should review these statements carefully, paying attention to the auditor's report and any notes that provide further context or explanation of the financial data. This information can help franchisees make informed decisions about their investment and future business operations.