As of what date were the consolidated financial statements for Endless Summer Sweets available to be issued?

According to Endless Summer Sweets' 2024 Franchise Disclosure Document, the company's management evaluated subsequent events for recognition and disclosure through March 20, 2024, which is the date the financial statements were available to be issued. This means that all financial information and events that occurred up to this date were considered and included in the financial statements.

For a prospective franchisee, this date is important because it indicates the cutoff for information included in the financial statements. Any events or transactions occurring after March 20, 2024, would not be reflected in these statements. Therefore, when reviewing the financial statements, it's crucial to keep this date in mind to understand the scope of the information presented.

It is typical for franchisors to have their financial statements audited annually, with a subsequent events evaluation period extending a few months past the fiscal year-end. This allows for the inclusion of any significant events that could impact the financial position of the company. Franchisees should pay attention to this date and inquire about any material changes or updates since then to get a more current view of the franchisor's financial health.