factual

What is the address of the CPA firm that audited Crab N Spice?

Crab_N_Spice Franchise · 2024 FDD

Answer from 2024 FDD Document

s to Accompanied Financial Statements 9-12 | |

924 W. 75th Street Suite 120 - 189 Naperville, IL 60565 +1 (815) 348-2421

Source: Item 21 — FINANCIAL STATEMENTS (FDD pages 40–50)

What This Means (2024 FDD)

According to Crab N Spice's 2024 Franchise Disclosure Document, the CPA firm that audited the financial statements is located at 924 W. 75th Street Suite 120 - 189 Naperville, IL 60565. The contact phone number is +1 (815) 348-2421, and the email is omar@napercpa.com. The audit was conducted by Omar Alnuaimi, CPA, located in Naperville, IL. The audit report is dated March 11, 2024.

This information is crucial for prospective franchisees as it provides transparency regarding the financial statements presented in the FDD. Knowing the auditor's contact information allows a potential franchisee, or their financial advisor, to directly contact the auditor to verify the information or ask clarifying questions about the audit process and findings. This direct line of communication can provide an additional layer of due diligence.

The audit covered the financial statements for the years ended December 31, 2023, December 31, 2022, and December 31, 2021. The audit included the balance sheets, profit and loss statements, statements of cash flows, and statements of shareholders' equity for those years. The auditor's opinion states that the financial statements present fairly the financial position of Crab N Spice Group in accordance with accounting principles generally accepted in the United States of America.

Prospective franchisees should review the audited financial statements carefully and consider consulting with a financial professional to fully understand the financial health and performance of Crab N Spice. Verifying the auditor's credentials and contacting them independently can further enhance the due diligence process.

Disclaimer: This information is extracted from the 2024 Franchise Disclosure Document and is provided for research purposes only. It does not constitute legal or financial advice. Consult with a franchise attorney before making any investment decisions.