How many years of financial statements are included for Gold Star?
Gold_Star Franchise · 2025 FDDAnswer from 2025 FDD Document
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 each of the 3 years in the period ended December 31, 2024.
Source: Item 21 — Financial Statements (FDD page 52)
What This Means (2025 FDD)
According to Gold Star's 2025 Franchise Disclosure Document, the document includes audited financial statements for the past three years. Specifically, the FDD contains financial statements for the years ending December 31, 2022, December 31, 2023, and December 31, 2024.
These financial statements include statements of operations, stockholder equity, and cash flows for each of the three years. This allows prospective franchisees to review Gold Star's financial performance over that period.
Reviewing these statements can help a potential franchisee assess the financial stability and performance of Gold Star. It is common practice for franchisors to include several years of financial statements to provide a more comprehensive view of the company's financial history.