On what pages of the 360 Painting financial statements can I find the Balance Sheets?
360_Painting Franchise · 2025 FDDAnswer from 2025 FDD Document
Exhibit B to this disclosure document contains the audited consolidated financial statements of our affiliate, Premium Service Brands, LLC and Subsidiaries, as of and for the years ended December 31, 2024, December 31, 2023 and December 31, 2022.
Source: Item 21 — FINANCIAL STATEMENTS (FDD page 56)
What This Means (2025 FDD)
Based on the 2025 Franchise Disclosure Document, the audited consolidated financial statements for 360 Painting's affiliate, Premium Service Brands, LLC and Subsidiaries, are included as Exhibit B. These statements cover the years ended December 31, 2024, December 31, 2023 and December 31, 2022.
The FDD does not specify the exact page numbers where the balance sheets are located within Exhibit B. Instead, it only indicates that the exhibit contains the consolidated financial statements.
For a prospective franchisee, it would be prudent to carefully review Exhibit B and contact 360 Painting directly to confirm the specific location of the balance sheets and to seek clarification on any aspects of the financial statements. Understanding the financial health of the parent company is crucial for assessing the stability and reliability of the franchise system.