Does the Crave Cookies Statement of Cash Flows disclose any information about environmental liabilities?

The 2025 Crave Cookies Franchise Disclosure Document does not specifically mention environmental liabilities in the Statement of Cash Flows or the notes to the financial statements. However, the notes do state that the preparation of financial statements requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities, and the disclosure of contingent assets and liabilities. This suggests that while environmental liabilities are not explicitly discussed, the company's financial statements do account for potential liabilities.

While there is no explicit mention of environmental liabilities, the auditor's report indicates that management is responsible for preparing financial statements in accordance with accounting principles generally accepted in the United States of America. This includes evaluating conditions or events that could raise substantial doubt about Crave Cookies' ability to continue as a going concern. This evaluation would likely include consideration of any significant environmental liabilities that could impact the company's financial stability.

Given the absence of specific details regarding environmental liabilities in the provided excerpts, it would be prudent for a prospective Crave Cookies franchisee to directly inquire with the franchisor about their environmental policies, potential environmental risks associated with operating a Crave Cookies franchise, and whether any specific environmental liabilities have been identified or disclosed in other sections of the FDD or related documents. This information is crucial for making an informed investment decision.