For which years are the financial statements of Crisp & Green Franchising LLC presented in this document?
Crisp_Green Franchise · 2024 FDDAnswer from 2024 FDD Document
We have audited the accompanying financial statements of Crisp & Green Franchising LLC, which comprise the balance sheets as of December 31, 2023, 2022, and 2021 and the related statements of operations, member's equity, and cash flows for the years then ended, and the related notes to the financial statements.
In our opinion, the financial statements referred to above present fairly, in all material respects, the financial position of Crisp & Green Franchising LLC as of December 31, 2023, 2022, and 2021, 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 66–252)
What This Means (2024 FDD)
According to Crisp & Green's 2024 Franchise Disclosure Document, the financial statements of Crisp & Green Franchising LLC include data for the years ended December 31, 2023, 2022, and 2021. These statements are audited by CliftonLarsonAllen LLP, and their report, included in the FDD, confirms this.
The financial statements encompass several key reports, including balance sheets, statements of operations, statements of member's equity, and statements of cash flows. Each of these statements provides a view into the financial performance and position of Crisp & Green Franchising LLC over the three-year period.
Prospective franchisees should carefully review these financial statements and the accompanying notes to understand Crisp & Green's financial health and performance trends. Understanding the franchisor's financial stability is crucial for assessing the risks and opportunities associated with investing in a Crisp & Green franchise. The financial statements offer insights into revenue, expenses, assets, liabilities, and cash flow, all of which are vital for making an informed investment decision.