As of what date are the audited financial statements for Floyds 99 included in Exhibit G?
Floyds_99 Franchise · 2025 FDDAnswer from 2025 FDD Document
and
AUDITED FINANCIAL STATEMENTS OF FLOYD'S 99 FRANCHISING, LLC FOR THE PERIODS ENDED DECEMBER 25, 2022, DECEMBER 31, 2023, AND DECEMBER 29, 2024
For the Four Periods ending 04/27/2025 Floyd's 99 Franchising, LLC Balance Sheet - Unaudited
Source: Item 21 — FINANCIAL STATEMENTS (FDD page 57)
What This Means (2025 FDD)
According to the 2025 Floyds 99 Franchise Disclosure Document, Exhibit G includes audited financial statements for the periods ended December 25, 2022, December 31, 2023, and December 29, 2024. In addition to the audited statements, Exhibit G also contains unaudited financial statements for the period ending April 27, 2025.
It is standard practice for franchisors to include several years of audited financial statements in their FDDs to give prospective franchisees insight into the franchisor's financial stability and performance. The inclusion of both audited and unaudited statements provides a more comprehensive view, with the audited statements offering a higher level of assurance due to the external audit process.
A prospective Floyds 99 franchisee should carefully review these financial statements, paying close attention to trends in revenue, expenses, and profitability. It's also important to note the disclaimer regarding the unaudited statements, recognizing that these figures have not been subject to the same level of scrutiny as the audited ones. Consulting with a financial advisor to analyze these statements is advisable before making any investment decisions.