What is the fiscal year end for Kitchen Solvers?
Kitchen_Solvers Franchise · 2025 FDDAnswer from 2025 FDD Document
Attached to this disclosure document as Exhibit E are our audited fiscal year financial statements for 2024, 2023 and 2022. Our fiscal year end is December 31.
Source: Item 21 — Financial Statements (FDD pages 48–49)
What This Means (2025 FDD)
According to Kitchen Solvers' 2025 Franchise Disclosure Document, the company's fiscal year ends on December 31. This is important for prospective franchisees to understand because the financial statements provided in the FDD are based on this fiscal year.
Understanding the fiscal year-end helps franchisees align their own accounting practices and financial reporting with Kitchen Solvers. It also provides a consistent timeframe for evaluating the company's financial performance, as the provided financial statements cover the years 2022, 2023, and 2024, all ending on December 31.
Knowing the fiscal year-end is essential for interpreting the financial data presented in Item 21 of the FDD. Franchisees can use this information to assess the financial health and stability of Kitchen Solvers, which can inform their decision-making process.