Are the financial statements of Gold Star attached to the disclosure document?
Gold_Star Franchise · 2025 FDDAnswer from 2025 FDD Document
mation may be disclosed to other buyers when you leave the franchise system.
During the last three fiscal years, we have not signed any confidentiality clauses with any current or former franchisees.
Item 21
Financial Statements
Attached to this disclosure document as Exhibit F are the audited financial statements of Gold Star for the years ended December 31, 2022, December 31, 2023 and December 31, 2024, which include statements of operations, stockholder equity and cash flows for
Source: Item 21 — Financial Statements (FDD page 52)
What This Means (2025 FDD)
According to Gold Star's 2025 Franchise Disclosure Document, audited financial statements are included as part of the disclosure. Specifically, Exhibit F contains the audited financial statements for the years ending December 31, 2022, December 31, 2023, and December 31, 2024. These statements include details of operations, stockholder equity, and cash flow for each of those years.
As a prospective franchisee, reviewing these financial statements is crucial. They provide insights into Gold Star's financial stability and performance over the past three years. This information can help you assess the franchisor's ability to support its franchisees and manage its own business effectively.
Furthermore, the inclusion of these financial statements as an exhibit to the FDD is a standard practice in franchising, ensuring transparency and providing potential franchisees with the necessary information to make an informed decision. The receipt you acknowledge also lists Exhibit F as 'Financial Statements', confirming their inclusion in the provided documents.