As of what date were the financial statements for Crave Cookies Franchising, LLC available to be issued?

According to Crave Cookies' 2025 Franchise Disclosure Document, the financial statements were available to be issued as of May 30, 2024. This date is important because it signifies the completion of the evaluation of subsequent events that could materially affect the company's financial position. This evaluation period extends from the balance sheet date (December 31, 2022 and 2021) up to this availability date.

For a prospective Crave Cookies franchisee, this means that the financial statements reflect all information known to management up to May 30, 2024. Any events occurring after this date would not be included in these statements. Therefore, it is crucial to consider this timeline when assessing the financial health and stability of Crave Cookies as presented in the FDD.

It is standard accounting practice to have a period after the close of the fiscal year to evaluate events that could impact the financial statements. The May 30, 2024 date indicates that Crave Cookies followed this practice, providing assurance that the financial statements are as up-to-date as possible. Franchisees should be aware of this date and inquire about any significant events that may have occurred since then, which could potentially influence the company's financial performance.