What is the name of the exhibit that contains the Crave financial statements?
Crave Franchise · 2025 FDDAnswer from 2025 FDD Document
Exhibit A – Financial Statements
Source: Item 23 — RECEIPTS (FDD pages 63–253)
What This Means (2025 FDD)
According to Crave's 2025 Franchise Disclosure Document, the financial statements are found in Exhibit A. This exhibit includes Crave Franchising, LLC's financial statements, along with the report of independent auditors. The statements cover the financial years ending December 31, 2024, 2023, and 2022.
Prospective franchisees should carefully review these financial statements as they provide an overview of Crave's financial health over the past three years. This information can help potential franchisees assess the stability and profitability of the company before making a decision to invest in a franchise.
The financial statements include key documents such as the balance sheets, statements of operations and member's equity, and cash flow statements. These statements are crucial for understanding Crave's assets, liabilities, equity, revenues, expenses, and cash flows. The report from the independent auditors also offers an opinion on the fairness and accuracy of these financial statements, providing an additional layer of assurance.