factual

What exhibit contains the audited financial statements for Mrcool?

Mrcool Franchise · 2025 FDD

Answer from 2025 FDD Document

February 20, 2025

FOR THE YEARS ENDED DECEMBER 31, 2024 AND 2023 MRCOOL FRANCHISING, LLC FINANCIAL STATEMENTS AND SUPPLEMENTARY INFORMATION

Source: Item 21 — FINANCIAL STATEMENTS (FDD pages 54–55)

What This Means (2025 FDD)

According to Mrcool's 2025 Franchise Disclosure Document, the audited financial statements and supplementary information for the years ended December 31, 2024, and 2023 are included in Item 23. Specifically, the document references financial statements for MRCOOL Franchising, LLC. The report includes balance sheets as of December 31, 2024 and 2023, and related statements of income, members' equity, and cash flows for the years then ended, along with notes to the financial statements.

The independent auditors' report states their opinion that the financial statements present fairly the financial position of MRCOOL Franchising, LLC as of December 31, 2024 and 2023, and the results of its operations and its cash flows for the years then ended, in accordance with accounting principles generally accepted in the United States of America.

Prospective franchisees should carefully review these audited financial statements to understand Mrcool's financial health and performance. Understanding the company's financial statements, including its balance sheets, income statements, and cash flow statements, is crucial for assessing the financial stability and potential risks associated with investing in a Mrcool franchise.

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.