What specific financial statements are included in the audited financial statements for Crawlspace Medic?
Crawlspace_Medic Franchise · 2024 FDDAnswer from 2024 FDD Document
BALANCE SHEETS CSM FRANCHISE GROUP, LLC
AUDITED FINANCIAL STATEMENTS
Source: Item 21 — FINANCIAL STATEMENTS (FDD page 42)
What This Means (2024 FDD)
According to Crawlspace Medic's 2024 Franchise Disclosure Document, the document includes audited financial statements and balance sheets. Specifically, the FDD references 'BALANCE SHEETS CSM FRANCHISE GROUP, LLC' indicating that this financial statement is included.
It is standard practice for franchisors to include audited financial statements in their FDDs to provide potential franchisees with an overview of the franchisor's financial health. These statements help franchisees assess the financial stability and performance of the franchisor before making an investment.
While the excerpt confirms the presence of audited financial statements and balance sheets, it does not detail other specific financial statements. A prospective franchisee should carefully review the full Item 21 in the FDD and consult with a financial advisor to fully understand Crawlspace Medic's financial condition.