Who consented to the use of their report in the Desi District Franchise Disclosure Document?
Desi_District Franchise · 2024 FDDAnswer from 2024 FDD Document
CONSENT
Omar Alnuaimi, CPA, consents to the use in the Franchise Disclosure Document issued by DESI DISTRICT FRANCHISE GROUP, LLC ("Franchisor") on June 17, 2024, as it may be amended, of my report dated June 16, 2024, relating to the Balance Sheet as of June 15, 2024, of Franchisor.
Omar Alnuaimi, CPA
Naperville, IL June 17, 2024
Source: Item 21 — FINANCIAL STATEMENTS (FDD page 52)
What This Means (2024 FDD)
According to Desi District's 2024 Franchise Disclosure Document, Omar Alnuaimi, a Certified Public Accountant (CPA), has consented to the use of their report in the document. The consent pertains to the Franchise Disclosure Document issued by DESI DISTRICT FRANCHISE GROUP, LLC, as it may be amended, and specifically relates to the balance sheet as of June 15, 2024. Alnuaimi's report is dated June 16, 2024. Alnuaimi is based out of Naperville, IL.
This consent indicates that Desi District is using Alnuaimi's independently audited financial statements within their FDD. This is a standard practice in franchising, as it provides potential franchisees with an objective assessment of the franchisor's financial health. The inclusion of a CPA's consent adds credibility to the financial information presented in the FDD.
Prospective franchisees should review the audited balance sheet and the accompanying notes carefully. They should also consider the CPA's report and any qualifications or disclaimers it may contain. It is advisable to consult with a financial advisor to fully understand the implications of the financial statements before making any investment decisions regarding a Desi District franchise.