For 1 800 Packouts, what years are covered in the consolidated financial statements included in Exhibit D?
1_800_Packouts Franchise · 2025 FDDAnswer from 2025 FDD Document
FS PEP HOLDCO, LLC and SUBSIDIARIES
Consolidated Financial Statements As of December 31, 2024 and 2023 and For the Years Then Ended
Independent Auditors' Report
(1) To the Board of Managers of FS PEP Holdco, LLC
Opinion
We have audited the accompanying consolidated financial statements of FS PEP Holdco, LLC and subsidiaries (collectively, the Company), which comprise the consolidated balance sheets as of December 31, 2024 and 2023, and the related consolidated statements of operations, members' equity, and cash flows for the years then ended, and the related notesto consolidated financialstatements.
Source: Item 23 — RECEIPT (FDD pages 67–238)
What This Means (2025 FDD)
According to 1 800 Packouts's 2025 Franchise Disclosure Document, the consolidated financial statements for FS PEP Holdco, LLC and subsidiaries, which include 1 800 Packouts, cover the years ending December 31, 2024, and December 31, 2023. These statements include consolidated balance sheets as of these dates, as well as statements of operations, member's equity, and cash flows for those years.
Prospective franchisees should review these financial statements carefully to understand 1 800 Packouts's recent financial performance. Understanding the franchisor's financial health is crucial for assessing the stability and potential risks associated with investing in a franchise.
The inclusion of two years' worth of financial statements allows potential franchisees to identify trends and assess the consistency of 1 800 Packouts's financial performance over time. The independent auditor's report also provides an additional level of assurance regarding the accuracy and reliability of the financial information presented.