What years are covered in the Crave Franchising, LLC financial statements?
Crave Franchise · 2025 FDDAnswer from 2025 FDD Document
Financial Statements with Report of Independent Auditors December 31, 2024, 2023, and 2022
Source: Item 23 — RECEIPTS (FDD pages 63–253)
What This Means (2025 FDD)
According to Crave's 2025 Franchise Disclosure Document, the company's financial statements include data for the years ending December 31, 2024, 2023, and 2022. This three-year financial history offers prospective franchisees insight into Crave's recent financial performance.
The inclusion of these years allows potential franchisees to review Crave's financial trends over time. Analyzing these trends can help franchisees assess the stability and growth of the franchise system. For example, a consistent increase in revenue or a steady level of profitability over these three years might be seen as a positive indicator.
It is important for prospective franchisees to carefully examine these financial statements and compare them with industry benchmarks and the performance of other franchise systems. Consulting with a financial advisor can provide further assistance in interpreting these statements and understanding the financial health of Crave.