What exhibit contains the financial statements for Floyds 99?
Floyds_99 Franchise · 2025 FDDAnswer from 2025 FDD Document
I received a Disclosure Document with an issue date of June 10, 2025 that included the following Exhibits:
A List of State Agencies/Agents for Service of Process B Development Agreement C Franchise Agreement D Amendment to Franchise Agreement (Renewal) E FLOYD'S 99 Franchised Barbershop Locations F Franchisees Who Have Left the System G Financial Statements H Operations Manual Table of Contents I Nondisclosure and Noncompetition Agreement J State Addenda and Riders to Disclosure Document, Franchise Agreement, Development Agreement and Other Exhibits K General Release L Lease Addendum and Collateral Assignment of Lease M Notice of Restrictive Covenants N Closing Acknowledgement O Receipts Date: (Do not leave blank) Signature of Prospective Franchisee Print Name
Source: Item 21 — FINANCIAL STATEMENTS (FDD page 57)
What This Means (2025 FDD)
According to the 2025 Floyds 99 Franchise Disclosure Document, the franchisor includes its financial statements as part of the disclosure. Specifically, the receipt that a prospective franchisee signs to acknowledge receiving the FDD lists the exhibits included.
The receipt indicates that Exhibit G to the Disclosure Document contains the financial statements for Floyds 99 Franchising, LLC. These financial statements provide a detailed overview of the company's financial health, including balance sheets, income statements, and cash flow statements.
Prospective franchisees should carefully review Exhibit G to assess Floyds 99's financial stability and performance. Understanding the franchisor's financial position is crucial for making an informed investment decision. Franchisees should also consult with a financial advisor to fully understand the implications of the financial statements.