For Kitchen Solvers, what years are covered by the audited financial statements included in Exhibit E?
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 audited financial statements in Exhibit E cover the fiscal years 2022, 2023, and 2024. The company's fiscal year ends on December 31st.
These financial statements provide prospective Kitchen Solvers franchisees with an overview of the franchisor's financial performance over the past three years. Reviewing these statements can help potential franchisees assess the company's profitability, stability, and overall financial health. It is important to note that past financial performance is not necessarily indicative of future results.
It is advisable for potential Kitchen Solvers franchisees to carefully review these audited financial statements with a financial advisor. This will allow them to gain a deeper understanding of the franchisor's financial position and make informed decisions about investing in a Kitchen Solvers franchise. Understanding the franchisor's financial history is a crucial step in evaluating the overall risk and potential reward of the franchise opportunity.