Where can I find the audited financial statements for Crave?
Crave Franchise · 2025 FDDAnswer from 2025 FDD Document
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
Source: Item 21 — FINANCIAL STATEMENTS (FDD page 62)
What This Means (2025 FDD)
According to Crave's 2025 Franchise Disclosure Document, the audited financial statements are included as Exhibit A. Specifically, Exhibit A contains Crave Franchising, LLC's financial statements, including the report of independent auditors, for the years December 31, 2024, 2023, and 2022.
As a prospective franchisee, reviewing these financial statements is crucial. They provide insight into Crave's financial health, including its assets, liabilities, equity, revenues, and expenses. The auditor's report offers an independent opinion on the fairness of the presentation of these financial statements.
Understanding Crave's financial performance over the past three years can help you assess the stability and potential risks associated with investing in the franchise. Pay close attention to trends in revenue, expenses, and profitability, as well as any significant changes in the company's financial position. Consulting with a financial advisor to review and interpret these statements is advisable.