On what pages of the Coffee News FDD are the Notes to Financial Statements located?

According to the 2025 Coffee News FDD, the Notes to Financial Statements are found on pages 82, 83, and 85. These notes provide additional context and details regarding the Coffee News USA, Inc.'s financial statements for the years 2022, 2023, and 2024.

Specifically, the notes cover various aspects of the company's accounting practices, such as the basis of presentation, revenue recognition, advertising costs, and income taxes. They also address items like borrowing and leasing arrangements, retirement plans, and potential risks and uncertainties that could affect the company's financial performance. For example, the notes explain how Coffee News USA recognizes revenue from franchise sales over the term of the franchise agreement and how they account for advertising expenses.

These notes also disclose related party transactions, such as the purchase of printing services from Coffee News Printing, a business with common ownership. Additionally, the notes discuss subsequent events that have been evaluated through February 27, 2025, indicating whether any adjustments or disclosures were required after the balance sheet date. Reviewing these notes is crucial for prospective franchisees to gain a deeper understanding of Coffee News's financial health and accounting practices.