For what year is the Crave Franchising, LLC statement of changes in equity presented?

According to Crave's 2025 Franchise Disclosure Document, the statement of changes in member's equity is presented for the years ended December 31, 2024, 2023, and 2022. This statement provides a summary of the changes in the equity or ownership stake within Crave Franchising, LLC over those three years.

For a prospective franchisee, this information offers insight into how the company's equity has evolved, which can reflect its financial management and profitability trends. It shows the movement of capital within the company, including contributions from and distributions to the member.

Specifically, the FDD reveals that total capital contributions were $0 for each of the years 2024, 2023 and 2022. Total capital distributions were $169,340 in 2024, $483,344 in 2023 and $446,770 in 2022. Reviewing these figures helps potential franchisees understand how Crave manages its finances and distributes profits, which can be a key factor in assessing the financial health and stability of the franchise system.

It is important to note that these figures pertain to Crave Franchising, LLC itself and not the performance of individual franchise locations. Franchisees should also review other financial statements and disclosures within the FDD to gain a comprehensive understanding of the company's financial position.