factual

Where can I find the financial statements for Golden Krust Caribbean Restaurant that are referenced in Item 21?

Golden_Krust_Caribbean_Restaurant Franchise · 2024 FDD

Answer from 2024 FDD Document

ITEM 21. FINANCIAL STATEMENTS

Attached to this Disclosure Document as Exhibit A are Golden Krust Franchising, Inc.'s financial statements for the fiscal years ending December 31, 2023, December 31, 2022, and December 31, 2021.

EXHIBIT A

FINANCIAL STATEMENTS

Source: Item 21 — FINANCIAL STATEMENTS (FDD page 35)

What This Means (2024 FDD)

According to the 2024 Golden Krust Caribbean Restaurant Franchise Disclosure Document, the financial statements for the company are included as Exhibit A. Specifically, Item 21 states that the financial statements for the fiscal years ending December 31, 2023, December 31, 2022, and December 31, 2021 are attached to the FDD as Exhibit A.

These financial statements provide a detailed overview of Golden Krust Caribbean Restaurant's financial performance and position over the past three years. A prospective franchisee can use this information to assess the financial health and stability of the franchisor. Examining these statements will help in understanding the revenues, expenses, assets, and liabilities of the company, which is crucial for making an informed investment decision.

It is important for potential franchisees to carefully review these financial statements and consult with a financial advisor or accountant to fully understand the implications. Analyzing the trends and ratios within these statements can provide insights into the company's profitability, liquidity, and solvency. This due diligence is a critical step in evaluating the risks and rewards associated with investing in a Golden Krust Caribbean Restaurant 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.