Are the Aira Fitness financial statements located in Exhibit B?
Aira_Fitness Franchise · 2025 FDDAnswer from 2025 FDD Document
NOTE D – SUBSEQUENT EVENTS
Management has evaluated subsequent events through March 19, 2025, the date on which the financial statements were available to be issued. Management has determined that none of the events occurring after the date of the balance sheet through the date of Management's review substantially affect the amounts and disclosure of the accompanying financial statements.
AIRA FITNESS FRANCHISING LLC
Financial Statements For The Years Ended December 31, 2023 & December 31, 2022 TOGETHER WITH INDEPENDENT ACCOUNTANT AUDIT REPORT
TABLE OF CONTENTS
Source: Item 21 — **FINANCIAL STATEMENTS (FDD pages 58–59)
What This Means (2025 FDD)
According to the 2025 Aira Fitness Franchise Disclosure Document, Exhibit M is a receipt that acknowledges the franchisee has received the FDD. The document also mentions that state agencies are listed in Exhibit A. The Aira Fitness financial statements for the years ending December 31, 2023, and December 31, 2022, are included with an independent accountant audit report. There is a table of contents included with the financial statements.
Prospective franchisees should carefully review the financial statements and audit report to understand Aira Fitness's financial performance. This includes assessing revenue, expenses, assets, and liabilities to gauge the company's financial health and stability. Understanding the financial standing of the franchisor can help franchisees evaluate the potential risks and rewards associated with investing in an Aira Fitness franchise.
While the document does not explicitly state that the financial statements are in Exhibit B, it does mention that they are included with an independent accountant audit report. To confirm the exact location of the financial statements, prospective franchisees should refer to the full FDD and its exhibits. If the location is not clear, they should ask Aira Fitness directly for clarification.