What is the latest fiscal year for which financial statements are included in the 1 800 Packouts FDD?
1_800_Packouts Franchise · 2025 FDDAnswer from 2025 FDD Document
Attached to this disclosure document as Exhibit C are our Parent's audited, fiscal year end financials for 2022, 2023 and 2024. Our fiscal year end is December 31.
Source: Item 21 — FINANCIAL STATEMENTS (FDD pages 65–66)
What This Means (2025 FDD)
According to the 2025 1 800 Packouts Franchise Disclosure Document, the attached financial statements are for the fiscal years 2022, 2023, and 2024. The 1 800 Packouts fiscal year ends on December 31. These financial statements are audited and belong to 1 800 Packouts's parent company, FS PEP Holdco, LLC.
As a prospective franchisee, it is crucial to carefully review these financial statements. They provide insights into the financial health and performance of 1 800 Packouts's parent company, which can indirectly affect the franchise operations. Understanding the revenue, expenses, assets, and liabilities can help in assessing the financial stability of the franchisor.
It is important to note that the financial statements are for the parent company and not specifically for the 1 800 Packouts franchise itself. While they offer a general overview, franchisees should also seek specific financial performance data related to 1 800 Packouts franchise locations, which may be available in Item 19 of the FDD or through direct inquiry with the franchisor. Franchisees should also consult with a financial advisor to fully understand the implications of the financial statements.