Are there financial statements included for December 31, 2022 for Crepe De Licious?
Crepe_De_Licious Franchise · 2025 FDDAnswer from 2025 FDD Document
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ITEM 21 FINANCIAL STATEMENTS
Exhibit A contains the financial statements required to be included with this Franchise Disclosure Document: audited financial statements as of December 31, 2024, December 31, 2023, and December 3
Source: Item 21 — FINANCIAL STATEMENTS (FDD page 57)
What This Means (2025 FDD)
According to Crepe De Licious's 2025 Franchise Disclosure Document, the financial statements as of December 31, 2022, are included. Specifically, Exhibit A contains audited financial statements as of December 31, 2024, December 31, 2023, and December 31, 2022. The company's fiscal year ends on December 31st.
This inclusion of audited financial statements for multiple years is a standard practice in franchising, allowing potential franchisees to review the financial health and performance of Crepe De Licious over time. By examining these statements, prospective franchisees can assess the franchisor's revenue, expenses, assets, and liabilities.
The auditor's report included in the FDD indicates that Brock, Schechter & Polakoff, LLP audited the financial statements of Crepe Delicious Holding USA, Inc. for the years 2024, 2023 and 2022. This report confirms that the financial statements are presented fairly in accordance with accounting principles generally accepted in the United States of America.
Prospective franchisees should carefully review these financial statements and the accompanying notes, possibly with the assistance of a financial advisor, to gain a comprehensive understanding of Crepe De Licious's financial condition and operating results. This review can help in making an informed decision about investing in a Crepe De Licious franchise.