What was the change in inventory for Golden Krust Caribbean Restaurant in 2023?

Based on the 2024 Franchise Disclosure Document, the consolidated financial statements for Golden Krust Franchising, Inc. do not explicitly state the change in inventory for 2023. While the document includes the consolidated balance sheets, statements of operations, changes in shareholder deficit, and cash flows, it does not break down the specific figures for inventory changes. The financial statements provide a general overview of the company's financial performance, including revenues, expenses, assets, and liabilities, but lack the detailed inventory information requested.

Item 21 includes the consolidated financial statements for the years ending December 31, 2023, December 31, 2022 and December 31, 2021. These statements offer a broad view of the company's financial health, but do not offer granular data regarding inventory changes. Notes to the financial statements discuss accounting policies, related party transactions, and other financial details, but do not focus on inventory specifics.

A prospective franchisee should inquire directly with Golden Krust Caribbean Restaurant's management to obtain detailed information about inventory management, including beginning and ending inventory balances, inventory turnover rates, and any significant changes in inventory levels during 2023. Understanding these details is crucial for assessing the efficiency of the supply chain and the potential costs associated with inventory holding and obsolescence.