In which attachment of the Fat Shack Disclosure Document are the financial statements located?

According to Fat Shack's 2025 Franchise Disclosure Document, the franchisor's audited financial statements for the most recently ended fiscal year are included as Attachment I to the Franchise Disclosure Document. This means that prospective franchisees can find crucial financial information about Fat Shack, such as balance sheets, income statements, and cash flow statements, within this attachment. Reviewing these statements is essential for understanding the financial health and stability of the franchisor.

Attachment I will provide insights into Fat Shack's revenues, expenses, assets, liabilities, and equity. A prospective franchisee should carefully analyze these financial statements to assess the franchisor's profitability, liquidity, and solvency. This information can help in evaluating the overall risk and potential return on investment associated with opening a Fat Shack franchise.

It is common practice for franchisors to include audited financial statements in their FDDs to provide transparency and build trust with potential franchisees. These statements are typically prepared by independent auditors and conform to generally accepted accounting principles (GAAP). This ensures that the financial information is reliable and comparable to other franchise opportunities.

Therefore, any individual considering investing in a Fat Shack franchise should thoroughly examine Attachment I of the 2025 FDD. If there are any questions or concerns about the financial statements, it is advisable to seek professional advice from a financial advisor or accountant before making a final decision.