Do the Epcon Communities financial statements include a balance sheet?
Epcon_Communities Franchise · 2025 FDDAnswer from 2025 FDD Document
We have audited the accompanying consolidated financial statements of Epcon Communities Franchising, LLC and Subsidiary (the Company), which comprise the consolidated balance sheets as of December 31, 2024 and 2023, and the related consolidated statements of income and changes in member's equity and cash flows for the years then ended, and the related notes to the consolidated financial statements.
Source: Item 21 — FINANCIAL STATEMENTS (FDD page 85)
What This Means (2025 FDD)
According to Epcon Communities' 2025 Franchise Disclosure Document, the financial statements include consolidated balance sheets. The Independent Auditor's Report states that they audited the consolidated balance sheets of Epcon Communities Franchising, LLC and Subsidiary as of December 31, 2024 and 2023. These balance sheets are part of the overall financial statements.
In addition to the balance sheets, the audit also covered the consolidated statements of income and changes in member's equity and cash flows for the years then ended, along with related notes to the financial statements. This comprehensive audit provides a detailed view of Epcon Communities' financial position and performance.
Prospective franchisees can review these audited financial statements, including the balance sheets, to assess the financial health and stability of Epcon Communities. Understanding the company's assets, liabilities, and equity can help franchisees make informed decisions about investing in the franchise.