As of what date are the Hawaiian Bros Island Grill financial statements dated?
Hawaiian_Bros_Island_Grill Franchise · 2025 FDDAnswer from 2025 FDD Document
Moss Adams, LLP, agrees to the inclusion in the Franchise Disclosure Document issued by Hawaiian Bros Franchising, LLC (Franchisor) on May 20, 2025, as it may be amended, of our report dated March 17, 2025, relating to the financial statements of the Franchisor, which is comprised of the balance sheets as of December 29, 2024 and December 31, 2023, and the related statements of operations, member's equity, and cash flows for the years ended December 29, 2024, and December 31, 2023, and for the period from September 16, 2022 to December 25, 2022, and the related notes to the financial statements.
Source: Item 21 — FINANCIAL STATEMENTS (FDD page 77)
What This Means (2025 FDD)
According to the 2025 Franchise Disclosure Document, the audited financial statements for Hawaiian Bros Island Grill are dated as of December 29, 2024, and December 31, 2023. These statements include balance sheets as of these dates, along with related statements of operations, member's equity, and cash flows for the years ending on those dates, and for the period from September 16, 2022 to December 25, 2022.
Prospective franchisees should note that these financial statements provide a historical view of the franchisor's financial performance. The inclusion of these statements in the FDD allows potential franchisees to review the financial health and stability of Hawaiian Bros Island Grill before making an investment.
The financial statements have been audited by Moss Adams, LLP, and their report is dated March 17, 2025. Moss Adams, LLP, has consented to the inclusion of their report in the Hawaiian Bros Island Grill Franchise Disclosure Document. This consent indicates that the auditor stands behind their work and allows the franchisor to share the audited financial information with potential franchisees.