In what month does the Floyds 99 fiscal year typically end?
Floyds_99 Franchise · 2025 FDDAnswer from 2025 FDD Document
We have audited the financial statements of Floyd's 99 Franchising, LLC (the "Company"), which comprise the balance sheet as of December 29, 2024; December 31, 2023; and December 25, 2022 and the related statements of operations, member's equity, and cash flows for the years then ended, and the related notes to the financial statements.
Source: Item 21 — FINANCIAL STATEMENTS (FDD page 57)
What This Means (2025 FDD)
According to the 2025 Floyds 99 Franchise Disclosure Document, the company's balance sheet was audited as of December 29, 2024; December 31, 2023; and December 25, 2022.
This indicates that Floyds 99's fiscal year typically ends in December. For a prospective franchisee, this is relevant for understanding the periods for which financial performance data is reported.
Understanding the fiscal year-end is important for planning and comparing financial performance year-over-year. Franchisees should align their accounting practices with the franchisor's fiscal year for accurate reporting and analysis.