Are there financial statements included in the Engineering For Kids FDD?

Yes, according to the 2025 Engineering For Kids Franchise Disclosure Document, Item 21 and Exhibit E contain the company's financial statements. Specifically, the audited financial statements for Engineering For Kids International, LLC as of December 31, 2022, December 31, 2023, and December 31, 2024, are included. The company's fiscal year ends on December 31.

The inclusion of these audited financial statements is a standard practice in franchising, allowing potential franchisees to review the financial health and performance of Engineering For Kids over the past three years. These statements provide insights into the franchisor's revenues, expenses, assets, and liabilities, which can help a prospective franchisee assess the financial stability of the company.

The independent auditor's report included in the FDD offers an opinion on the fairness of the presentation of Engineering For Kids' financial position as of December 31, 2024, and the results of its operations and cash flows for the year then ended, in accordance with accounting principles generally accepted in the United States of America. This report also mentions that the financial statements for 2023 and 2022 were audited by other auditors, who expressed an unmodified opinion on those statements. This information is crucial for potential franchisees to evaluate the franchisor's financial standing and make informed decisions.