What financial statements are included in the Crave Franchising, LLC report?

According to Crave's 2025 Franchise Disclosure Document, the financial statements included in the report comprise the balance sheet as of December 31, 2024, 2023, and 2022. Additionally, the report includes the statement of operations and member's equity, and cash flows for the year ended December 31, 2024, along with related notes to the financial statements.

These financial statements offer a comprehensive view of Crave's financial position over the past three years. A prospective franchisee can examine the balance sheets to understand the company's assets, liabilities, and equity at the end of each year. The statement of operations reveals Crave's revenues, expenses, and profitability for the year ended December 31, 2024, while the statement of member's equity shows changes in the ownership structure. The cash flow statement details how Crave generated and used cash during the year.

The inclusion of an independent auditor's report indicates that these financial statements have been reviewed and assessed for fairness and accuracy in accordance with accounting principles generally accepted in the United States of America. This audit provides an additional level of assurance for potential franchisees, suggesting that the financial information is reliable and transparent. Reviewing these statements is a crucial step for anyone considering investing in a Crave franchise, as it provides insights into the financial health and stability of the franchisor.