What is the exhibit letter for Cream's audited opening balance sheet?

According to Cream's 2025 Franchise Disclosure Document, the audited opening balance sheet as of May 29, 2025, is attached as Exhibit D. Since Cream has not been in business for three years or more, they cannot include all of the financial statements typically required by the FTC franchise rule. Instead, they provide the audited opening balance sheet to give prospective franchisees some insight into the company's financial standing.

This exhibit is crucial for potential franchisees as it offers a snapshot of Cream's financial health at the beginning of its franchising operations. Reviewing this balance sheet, along with the accompanying notes, can help franchisees assess the company's assets, liabilities, and equity. This information can be used to evaluate the financial stability of Cream and its ability to support its franchisees.

It is important for prospective franchisees to carefully examine Exhibit D and consult with a financial advisor to fully understand the implications of the balance sheet. This will help them make an informed decision about investing in a Cream franchise. Additionally, franchisees should pay attention to how Cream's fiscal year is defined, ending on the fourth Sunday in December, with a possible extension of one week depending on when the fourth week of December ends.