Where can I find the balance sheets in the Crepe De Licious financial statements?
Crepe_De_Licious Franchise · 2025 FDDAnswer from 2025 FDD Document
We have audited the financial statements of Crepe Delicious Holding USA, Inc. (a C Corporation), which comprise the balance sheets as of December 31, 2024 and December 31, 2023, and the related statements of income and retained earnings, and cash flows for the years then ended, and the related notes to the financial statements.
In our opinion, the accompanying financial statements present fairly, in all material respects, the financial position of Crepe Delicious Holding USA, Inc. as of December 31, 2024 and December 31, 2023, and the results of its operations and its cash flows for the years then ended in accordance with accounting principles generally accepted in the United States of America.
Source: Item 23 — RECEIPTS (FDD pages 57–233)
What This Means (2025 FDD)
According to Crepe De Licious's 2025 Franchise Disclosure Document, the balance sheets for the company can be found within the financial statements. Specifically, the Independent Auditor's Report indicates that the financial statements include balance sheets.
The auditor's report in the 2025 FDD covers the financial statements of Crepe Delicious Holding USA, Inc., which include balance sheets as of December 31, 2024, and December 31, 2023. These balance sheets are components of the overall financial statements that also feature statements of income and retained earnings, cash flows, and related notes.
Similarly, the auditor's report for the financial statements as of December 31, 2023, and December 31, 2022, also include the balance sheets. Reviewing these balance sheets will provide a prospective Crepe De Licious franchisee with insight into the company's financial position at those specific points in time.