Does the FDD include an income statement for Mrcool?
Mrcool Franchise · 2025 FDDAnswer from 2025 FDD Document
MRCOOL FRANCHISING, LLC STATEMENTS OF INCOME FOR THE YEARS ENDED DECEMBER 31,
Source: Item 21 — FINANCIAL STATEMENTS (FDD pages 54–55)
What This Means (2025 FDD)
Yes, according to the 2025 Mrcool Franchise Disclosure Document, the document includes the company's statements of income. Specifically, the FDD contains the "STATEMENTS OF INCOME FOR THE YEARS ENDED DECEMBER 31,". This indicates that the financial performance of Mrcool is disclosed within the document for the years leading up to December 31, 2024.
Prospective franchisees can review these income statements to understand Mrcool's revenue, expenses, and profitability over the stated periods. This information is crucial for assessing the financial health and stability of the franchisor, which can indirectly impact the support and resources available to franchisees.
It is important for potential franchisees to carefully analyze these statements, along with the accompanying notes and auditor's report, to gain a comprehensive understanding of Mrcool's financial performance and to make informed decisions about investing in a franchise. Reviewing these statements can help in evaluating the franchisor's financial stability and its ability to support its franchisees.