On what page of the Precision Door Service FDD can I find the Balance Sheets?
Precision_Door_Service Franchise · 2025 FDDAnswer from 2025 FDD Document
[Item 21: Financial Statements]
Consolidated Balance Sheets (continued) ($000's, except share and per share amounts)
[Item 21: Financial Statements]
Consolidated Balance Sheets (continued) ($000's, except share and per share amounts)
Source: Item 21 — Financial Statements (FDD page 91)
What This Means (2025 FDD)
According to the 2025 Precision Door Service FDD, the Consolidated Balance Sheets are included within Item 21, which is titled "Financial Statements". Item 21 includes several pages of financial information. Specifically, the excerpts include references to balance sheets, though the exact page number is not specified.
Item 21 contains the consolidated balance sheets, statements of operations and comprehensive income, statements of cash flows, statements of changes in member's equity, and related notes. These financial statements provide an overview of Precision Door Service's financial performance and position.
A prospective Precision Door Service franchisee should carefully review Item 21 and consult with a financial advisor to understand the franchisor's financial stability and performance. While the FDD excerpts confirm the presence of balance sheets within Item 21, they do not specify the exact page numbers. Therefore, a prospective franchisee should review the full Item 21 in the FDD to locate the specific balance sheet pages.