Does Mrcool provide audited financial statements for the year 2021?

According to Mrcool's 2025 Franchise Disclosure Document, the company includes audited financial statements as of December 31, 2024, December 31, 2023, and December 31, 2022. Mrcool was established on August 20, 2021, and its fiscal year ends on December 31. Because Mrcool has not been franchising for three years or more, the company does not have three years of audited financial statements.

This means that Mrcool does not provide audited financial statements for the year 2021, as the company was established in August of that year and therefore did not have a full fiscal year to audit. Prospective franchisees should note that the absence of three years of audited financial statements is due to the relatively recent establishment of the franchise system.

It is common practice for new franchises to have limited financial history available in their FDDs. However, the audited statements for 2022, 2023, and 2024 can still provide valuable insights into Mrcool's financial performance and stability. A potential franchisee should carefully review these statements and consider consulting with a financial advisor to assess the financial health of the franchise opportunity.