Are Crave's financial statements presented as Exhibit A?
Crave Franchise · 2025 FDDAnswer from 2025 FDD Document
ITEM 23 RECEIPTS
Two copies of an acknowledgment of your receipt of this Disclosure Document appear at the end of the Disclosure Document. Please return one signed copy to us and retain the other for your records.
Exhibit A to the Crave Franchise Disclosure Document
FINANCIAL STATEMENTS
Crave Franchising, LLC
(A Wyoming Limited Liability Company)
Financial Statements with Report of Independent Auditors December 31, 2024, 2023, and 2022
Table of Contents
Source: Item 21 — FINANCIAL STATEMENTS (FDD page 62)
What This Means (2025 FDD)
According to Crave's 2025 Franchise Disclosure Document, the company's financial statements are included as Exhibit A. Specifically, Exhibit A contains Crave Franchising, LLC's financial statements along with the report of independent auditors. The financial statements included cover the dates of December 31, 2024, 2023, and 2022.
It is standard practice for franchisors to include audited financial statements in their FDDs. These statements provide prospective franchisees with an overview of the franchisor's financial health, including assets, liabilities, equity, revenue, and expenses. Reviewing these statements is a crucial step in assessing the stability and viability of the franchise system.
As a prospective franchisee, it is important to carefully review Crave's financial statements and the accompanying notes. Pay close attention to trends in revenue, expenses, and profitability. Also, consider seeking professional advice from an accountant or financial advisor to help you interpret the statements and understand their implications for your investment.