What exhibit contains the financial statements for Engineering For Kids?
Engineering_For_Kids Franchise · 2025 FDDAnswer from 2025 FDD Document
Exhibit E to this disclosure document contains the following financial statements: the audited financial statements for Engineering for Kids International, LLC as of December 31, 2022, December 31, 2023 and December 31, 2024. Our fiscal year end is December 31.
Source: Item 21 — FINANCIAL STATEMENTS (FDD pages 52–53)
What This Means (2025 FDD)
According to Engineering For Kids' 2025 Franchise Disclosure Document, the company's financial statements are located in Exhibit E. This exhibit includes audited financial statements for Engineering for Kids International, LLC, covering the years ending December 31, 2022, December 31, 2023, and December 31, 2024. The company's fiscal year concludes on December 31.
Prospective franchisees should carefully review these financial statements to assess the financial health and stability of Engineering For Kids. Understanding the franchisor's financial performance can provide insights into the potential risks and rewards associated with investing in an Engineering For Kids franchise.
Specifically, franchisees should look at trends in revenue, expenses, and profitability over the three-year period. It is also important to note that the financial statements have been audited, providing an additional level of assurance regarding their accuracy and reliability. Reviewing these statements is a crucial step in conducting due diligence before making a final decision on whether to invest in an Engineering For Kids franchise.