Where can I find Fat Shack's audited financial statements?
Fat_Shack Franchise · 2025 FDDAnswer from 2025 FDD Document
The Franchisor's audited financial statements for the most recently ended fiscal year are included as Attachment I to the Franchise Disclosure Document.
Source: Item 21 — Financial Statements (FDD pages 52–53)
What This Means (2025 FDD)
According to Fat Shack's 2025 Franchise Disclosure Document, the 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 review Fat Shack's financial performance and stability by examining this attachment.
Audited financial statements are crucial for potential franchisees as they provide an objective assessment of the franchisor's financial health. These statements include a balance sheet, income statement, statement of cash flows, and accompanying notes, all of which offer insights into the company's assets, liabilities, revenues, expenses, and overall profitability. The audit ensures that the financial information is presented fairly and in accordance with generally accepted accounting principles.
By reviewing Attachment I, prospective Fat Shack franchisees can assess the franchisor's ability to support its franchisees, invest in the brand, and maintain a sustainable business model. It is important to carefully analyze these statements and consult with a financial advisor to fully understand the implications for your investment. This due diligence will help in making an informed decision about whether to invest in a Fat Shack franchise.