Does the Epcon Communities Franchise Disclosure Document include financial statements for Epcon Communities Franchising, LLC?
Epcon_Communities Franchise · 2025 FDDAnswer from 2025 FDD Document
I received a disclosure document dated April 11, 2025 that included the following Exhibits:
- A. Financial Statements for Epcon Communities Franchising, LLC
Source: Item 23 — RECEIPTS (FDD pages 86–280)
What This Means (2025 FDD)
Yes, the 2025 Epcon Communities Franchise Disclosure Document (FDD) includes financial statements for Epcon Communities Franchising, LLC. According to the FDD, Exhibit A is the financial statement for Epcon Communities Franchising, LLC.
The inclusion of these financial statements is a standard practice in franchising, allowing potential franchisees to assess the financial health and stability of Epcon Communities. These statements provide insights into the franchisor's revenues, expenses, assets, and liabilities, which can help franchisees make informed decisions.
The financial statements are audited by an independent auditor. The independent auditor's report included in the FDD expresses an opinion on the fairness of Epcon Communities' consolidated financial statements as of December 31, 2024 and 2023. This opinion indicates whether the financial statements are presented fairly in accordance with accounting principles generally accepted in the United States of America.