As of what date are the unaudited financial statements for Floyds 99 included in Exhibit G?
Floyds_99 Franchise · 2025 FDDAnswer from 2025 FDD Document
Attached to this Disclosure Document as Exhibit G are our audited financial statements as of and for the years ended December 29, 2024, December 31, 2023 and December 25, 2022. Also included in Exhibit G are our unaudited financial statements for the period ended April 27, 2025. Our fiscal year consists of the 52 or 53-week period ending on the last Sunday nearest to December 31st.
Source: Item 21 — FINANCIAL STATEMENTS (FDD page 57)
What This Means (2025 FDD)
According to Floyds 99's 2025 Franchise Disclosure Document, the unaudited financial statements included in Exhibit G are for the period ended April 27, 2025. The FDD also states that Floyds 99's fiscal year consists of the 52 or 53-week period ending on the last Sunday nearest to December 31st.
It is important for prospective franchisees to review these financial statements carefully. Unaudited statements have not been examined by an independent auditor, so franchisees should consider this when evaluating the financial health of Floyds 99.
Understanding the franchisor's financial performance can help potential franchisees assess the stability and potential risks associated with investing in a Floyds 99 franchise. Franchisees should consult with a financial advisor to fully understand the implications of the financial statements.