Does the Floors To Go FDD include audited financial statements?
Floors_To_Go Franchise · 2025 FDDAnswer from 2025 FDD Document
[Item 21: FINANCIAL STATEMENTS]
ITEM 21. FINANCIAL STATEMENTS
Attached to this disclosure document as Exhibit "E" is the Floors To Go, LLC audited financial statements for the years ended December 31, 2024, December 31, 2023 and December 31, 2022.
[Item 23: RECEIPTS]
EXHIBIT "E"
FLOORS TO GO, LLC
FRANCHISE DISCLOSURE DOCUMENT
Dated December 31, 2024
AUDITED FINANCIAL STATEMENTS OF FTG FOR THE YEARS ENDED DECEMBER 31, 2024, DECEMBER 31, 2023, AND DECEMBER 31, 2022
Years Ended December 31, 2024 and 2023
Financial Statements
Table of Contents
[Item 23: RECEIPTS]
INDEPENDENT AUDITORS' REPORT
March 12, 2025
Board of Directors and Member Floors To Go, LLC Bonita Springs, Florida
Opinion
We have audited the financial statements of Floors To Go, LLC (the "Company"), which comprise the balance sheets as of December 31, 2024 and 2023, and the related statements of income and member's equity, and cash flows for the years then ended, and the related notes to the financial statements (the "financial statements").
In our opinion, the accompanying financial statements present fairly, in all material respects, the financial position of Floors To Go, LLC as of December 31, 2024 and 2023, and the results of its operations and cash flows for the years then ended in accordance with accounting principles generally accepted in the United States of America.
[Item 23: RECEIPTS]
INDEPENDENT AUDITORS' REPORT
March 13, 2024
Board of Directors and Member Floors To Go, LLC Bonita Springs, Florida
Opinion
We have audited the accompanying financial statements of Floors To Go, LLC (the "Company"), which comprise the balance sheets as of December 31, 2023 and 2022, and the related statements of income and member's equity, and cash flows for the years then ended, and the related notes to the financial statements (the "financial statements").
In our opinion, the financial statements referred to above present fairly, in all material respects, the financial position of Floors To Go, LLC as of December 31, 2023 and 2022, and the results of their operations and their cash flows for the years then ended in accordance with accounting principles generally accepted in the United States of America.
Source: Item 21 — FINANCIAL STATEMENTS (FDD page 47)
What This Means (2025 FDD)
Yes, the 2025 Floors To Go Franchise Disclosure Document includes audited financial statements. Item 21 explicitly states that the Floors To Go, LLC audited financial statements for the years ended December 31, 2024, December 31, 2023 and December 31, 2022 are attached to the disclosure document as Exhibit "E".
Exhibit "E" is further described as containing the audited financial statements of FTG (Floors To Go) for the years ended December 31, 2024, December 31, 2023, and December 31, 2022. This exhibit includes the financial statements for the years ended December 31, 2024 and 2023, along with a table of contents for the financial statements.
Furthermore, the FDD includes Independent Auditors' Reports, with opinions on the financial statements for the years ending December 31, 2024 and 2023, and December 31, 2023 and 2022. These reports confirm that the financial statements are presented fairly in accordance with accounting principles generally accepted in the United States of America.