Are the Epcon Communities financial statements consolidated?

According to Epcon Communities' 2025 Franchise Disclosure Document, the financial statements are consolidated. The consolidated financial statements include the financial statements of Epcon Communities Franchising, LLC (Franchising) and its wholly-owned subsidiary, Epcon Communities Marketing Program, Inc. (Marketing). All significant intercompany balances and transactions have been eliminated during the consolidation process.

Consolidated financial statements provide a comprehensive view of the financial position of Epcon Communities, offering a more accurate picture of the company's overall financial health and performance. This is because the statements combine the financial data of the parent company and its subsidiary, eliminating any internal transactions that could distort the true financial picture.

The use of consolidated financial statements is a standard practice for franchise companies with subsidiaries, as it provides transparency and a more complete understanding of the financial resources available to support the franchise system. Prospective franchisees can gain confidence knowing that they are reviewing a comprehensive financial overview of Epcon Communities.