factual

In which exhibit of the FDD are the Gokhale Method's financial statements located?

Gokhale_Method Franchise · 2024 FDD

Answer from 2024 FDD Document

I received a disclosure document dated May 15, 2024 that included the following Exhibits:

  • A. Gokhale Method Franchise Agreement
    • Exhibit A Franchise Fee Schedule and Price List
    • Exhibit B Approved Formats
    • Exhibit C Personal Guarantee
    • Exhibit D State Amendments
  • B. Table of Contents of Teachers' Manual
  • C. Financial Statements
  • D. List of Franchisees
  • E. List of Franchisees who have left the system
  • F. List of State Agencies
  • G. State Addenda to the Disclosure Document
  • H. Receipt

Source: Item 21 — FINANCIAL STATEMENTS (FDD page 34)

What This Means (2024 FDD)

According to Gokhale Method's 2024 Franchise Disclosure Document, the financial statements are included as Exhibit C. This exhibit is part of a larger set of documents that a prospective franchisee receives.

Specifically, Exhibit C would contain the company's balance sheets, income statements, statements of cash flow, and related notes. These statements are crucial for potential franchisees as they provide a detailed look into the financial health and performance of Gokhale Method.

Reviewing these statements, along with the independent auditor's report, can help a franchisee assess the financial stability and historical performance of the company. This information is essential for making an informed decision about investing in a Gokhale Method franchise.

Disclaimer: This information is extracted from the 2024 Franchise Disclosure Document and is provided for research purposes only. It does not constitute legal or financial advice. Consult with a franchise attorney before making any investment decisions.
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