Do the Floors To Go financial statements cover a three-year period?
Floors_To_Go Franchise · 2025 FDDAnswer from 2025 FDD Document
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.
Source: Item 21 — FINANCIAL STATEMENTS (FDD page 47)
What This Means (2025 FDD)
According to the 2025 Floors To Go Franchise Disclosure Document, the attached financial statements cover a three-year period. Specifically, the financial statements included as Exhibit "E" are audited and cover the years ended December 31, 2024, December 31, 2023, and December 31, 2022.
This is a standard practice in franchising, as it allows potential franchisees to review the financial performance of the franchisor over a reasonable period. Analyzing these statements can help a prospective franchisee identify trends, assess the financial stability of Floors To Go, and make informed decisions about investing in the franchise.
By examining the financial statements for these three years, a potential Floors To Go franchisee can gain insight into the franchisor's revenue, expenses, assets, liabilities, and overall profitability. This information is crucial for evaluating the financial health and sustainability of the franchise system.