factual

Up to what date have subsequent events been evaluated in Kitchen Solvers' financial statements?

Kitchen_Solvers Franchise · 2025 FDD

Answer from 2025 FDD Document

Subsequent events have been evaluated through March 7, 2025, which is the date the financial statements were available to be issued.

Source: Item 21 — Financial Statements (FDD pages 48–49)

What This Means (2025 FDD)

According to Kitchen Solvers' 2025 Franchise Disclosure Document, the company evaluated subsequent events through March 7, 2025, which was the date the financial statements were available to be issued.

Subsequent events are events that occur after the balance sheet date but before the financial statements are issued. These events can provide additional evidence about conditions that existed at the balance sheet date or can indicate conditions that arose after the balance sheet date. Evaluating these events is a standard accounting practice to ensure that the financial statements provide the most accurate and up-to-date information.

For a prospective Kitchen Solvers franchisee, this means that the financial statements in the FDD include consideration of events that occurred up to March 7, 2025. This provides a more complete picture of the company's financial health and any potential impacts from recent events. Franchisees should be aware of this date when reviewing the financial statements and consider whether any significant events have occurred since then that could affect the company's performance.

Disclaimer: This information is extracted from the 2025 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.