For Engineering For Kids, what years of financial data are included?
Engineering_For_Kids Franchise · 2025 FDDAnswer from 2025 FDD Document
f any Engineering For Kids franchisee associations in existence regardless of whether they use our trademark or not.
ITEM 21 FINANCIAL STATEMENTS
Exhibit E to this disclosure document contains the following financial statements: the audited financial statements for Engineering for Kid
Source: Item 21 — FINANCIAL STATEMENTS (FDD pages 52–53)
What This Means (2025 FDD)
According to Engineering For Kids' 2025 Franchise Disclosure Document, the audited financial statements included are for the years ending December 31, 2022, December 31, 2023, and December 31, 2024. This provides a three-year overview of the company's financial performance. The fiscal year end for Engineering For Kids is December 31.
For a prospective franchisee, this means they have access to three years of the franchisor's financial history to review. Analyzing these statements can help in understanding the financial stability and performance trends of Engineering For Kids. This is a standard practice in franchising, as it allows potential franchisees to assess the financial health of the franchisor before making an investment.
It is important for potential franchisees to carefully examine these financial statements, looking for trends in revenue, expenses, and profitability. Consulting with a financial advisor or accountant is advisable to fully understand the implications of the financial data presented. This due diligence is crucial in making an informed decision about investing in an Engineering For Kids franchise.