Which entities are included in the consolidated financial statements of City Wide Franchise Company, Inc.?

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. These entities are collectively referred to as "the Company" within the financial statements.

The purpose of consolidated financial statements is to provide a comprehensive view of the financial position and performance of a parent company (City Wide Franchise Company, Inc.) and its subsidiaries as a single economic unit. This approach eliminates any significant intercompany accounts and transactions to avoid double-counting and to present a clearer picture of the overall financial health of the organization.

For a prospective City Wide franchisee, understanding which entities are included in the consolidated financial statements is important for assessing the overall financial stability and performance of the entire City Wide franchise system. Reviewing these statements can provide insights into the revenue, expenses, assets, and liabilities of the entire organization, which can be helpful in evaluating the financial strength and potential risks associated with investing in a City Wide franchise.