Where can I find the Floors To Go financial statements within the FDD?
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 company's audited financial statements are included as an exhibit. Specifically, Item 21 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".
This means that prospective franchisees can review Floors To Go's financial performance over the past three years, as audited by an independent firm. These statements provide insights into the company's revenues, expenses, assets, liabilities, and cash flow. Reviewing these statements is a crucial step in assessing the financial health and stability of the franchisor.
As a standard practice, the inclusion of audited financial statements in the FDD allows potential franchisees to make informed decisions about investing in the franchise. It provides a level of transparency and accountability, as the financial statements have been reviewed by an independent auditor. Franchisees should carefully examine these statements and seek professional advice to fully understand the financial implications of investing in a Floors To Go franchise.