Where can I find the audited financial statements for City Wide?
City_Wide Franchise · 2025 FDDAnswer from 2025 FDD Document
Attached to this Franchise Disclosure Document as Exhibit A are the audited financial statements of CITY WIDE for the fiscal years ending on December 31, 2022, December 31, 2023 and December 31, 2024, with the independent auditor's reports attached.
Source: Item 21 — FINANCIAL STATEMENTS (FDD page 65)
What This Means (2025 FDD)
According to City Wide's 2025 Franchise Disclosure Document, the audited financial statements are included as Exhibit A. These statements cover the fiscal years ending December 31, 2022, December 31, 2023, and December 31, 2024, and include the independent auditor's reports.
Exhibit A contains the consolidated financial statements of City Wide Franchise Company, Inc. & Subsidiaries, along with supplementary information and the independent auditor's report. This report includes consolidated balance sheets as of December 31 for the years 2024, 2023, and 2022, as well as related consolidated statements of income, comprehensive income, stockholders' equity, and cash flows for those years. Notes to the consolidated financial statements are also included.
Prospective franchisees should carefully review these financial statements and the accompanying notes and auditor's report. These documents provide important insights into City Wide's financial health and performance over the past three years. Understanding these statements is crucial for assessing the financial stability of the franchisor and making an informed investment decision.