What specific years are the Crave Franchising, LLC financial statements presented for in Exhibit A?
Crave Franchise · 2025 FDDAnswer from 2025 FDD Document
We have audited the accompanying financial statements of Crave Franchising, LLC, (the Company), a Wyoming limited liability company, which comprise Balance sheet as of December 31, 2024, 2023, and 2022, and the related statement of operations and member's equity and cash flows for the year ended December 31, 2024, and the related notes to the financial statements.
Source: Item 23 — RECEIPTS (FDD pages 63–253)
What This Means (2025 FDD)
According to Crave's 2025 Franchise Disclosure Document, Exhibit A contains the company's financial statements, which include reports from independent auditors. These financial statements provide a look at Crave's financial position and operations. The financial statements in Exhibit A include the balance sheet as of December 31 for the years 2024, 2023, and 2022.
In addition to the balance sheets, the exhibit also contains the statement of operations, member's equity, and cash flows for the year ended December 31, 2024. The inclusion of these statements gives prospective franchisees insight into Crave's recent financial performance and how the company manages its cash flow and equity.
It is important for potential franchisees to carefully review these financial statements and consult with a financial advisor to understand Crave's financial health and stability. This review should be part of a comprehensive due diligence process before making any investment decisions.