Does the 1 800 Packouts FDD include an income statement for its Parent company?
1_800_Packouts Franchise · 2025 FDDAnswer from 2025 FDD Document
The following financial data represents the performance of the franchise which operates as a companycontrolled franchise. This company-controlled franchise provides training services and is controlled by us for use in pilot programs and development of operations and franchise system standards. It was in operation throughout all of 2024. It presents such data in the form of a Profit-Loss Report prepared on an accrual basis. This reflects its performance as an established outlet, and does not show expenses related to rampup, startup, or similar early-stage operations. It likewise reflects performance related to a territory which has unique location-specific aspects in the San Diego area, which may not all be replicated or representative of your operation in your territory.
Source: Item 21 — FINANCIAL STATEMENTS (FDD pages 65–66)
What This Means (2025 FDD)
The 2025 Franchise Disclosure Document for 1 800 Packouts does not contain an income statement for its parent company, FS PEP Holdco, LLC. However, Item 19 does include a Profit and Loss report for the 1-800 Packouts San Diego location, which is a company-controlled franchise used for training, pilot programs, and developing system standards. This Profit and Loss report is prepared on an accrual basis and reflects the performance of an established outlet, without including expenses related to ramp-up or startup.
This financial data represents the performance of a company-controlled franchise that 1 800 Packouts uses for training and development. The FDD indicates that the San Diego location was in operation throughout 2024. The document specifies that the data does not reflect expenses related to ramp-up, startup, or similar early-stage operations. It also notes that the San Diego territory has unique location-specific aspects that may not be replicated or representative of another franchisee's territory.
Item 19 of the 1 800 Packouts FDD clarifies that, besides the provided financial performance representation, 1 800 Packouts does not offer any other financial performance representations. Furthermore, 1 800 Packouts does not authorize its employees or representatives to make such representations, either orally or in writing. The document advises prospective franchisees to report any additional financial performance information or projections they receive to the franchisor's management, the Federal Trade Commission, and appropriate state regulatory agencies.