Are the financial statements for All Dogs Unleashed audited?

According to the 2025 All Dogs Unleashed Franchise Disclosure Document, Exhibit F includes the financial statements for ADU Franchise limited liability company as of December 31, 2024, and 2023, and for the years ended December 31, 2024, 2023, and 2022. However, the excerpts provided do not explicitly state whether these financial statements have been audited by an independent accounting firm.

Because the excerpts do not specify whether the financial statements have been audited, prospective franchisees should directly request audited financial statements from All Dogs Unleashed. Audited statements provide a higher level of assurance regarding the accuracy and reliability of the financial information presented.

If the financial statements are unaudited, it does not necessarily mean that the information is inaccurate, but it indicates that an independent audit has not been performed to verify the figures. Franchisees should consider this when evaluating the financial health and stability of All Dogs Unleashed. It is common practice for established franchisors to provide audited financial statements, as this demonstrates transparency and commitment to providing reliable information to potential franchisees.