Are there any notes to the financial statements for All Dogs Unleashed included in Exhibit F?
All_Dogs_Unleashed Franchise · 2025 FDDAnswer from 2025 FDD Document
Attached to this disclosure document as Exhibit F, are our audited financial statements as of December 31, 2024, December 31, 2023, and December 31, 2022.
Our fiscal year ends December 31. We have not been in business for three years or more and, therefore, cannot include all the financial statements required by this Item.
Source: Item 21 — FINANCIAL STATEMENTS (FDD page 48)
What This Means (2025 FDD)
According to the 2025 All Dogs Unleashed Franchise Disclosure Document, Exhibit F contains the financial statements for the company. The financial statements included are as of December 31, 2024, December 31, 2023, and December 31, 2022.
Additionally, the FDD includes a section titled "Commitments and Contingencies" within Exhibit F. This section addresses potential claims, legal actions, and complaints that All Dogs Unleashed may face during its ordinary business operations. According to the management's opinion, any unfavorable outcomes from these matters would not significantly impact the company's financial standing.
Prospective franchisees should carefully review Exhibit F, including the balance sheets, income statements, and statements of cash flow, to understand the franchisor's financial health and stability. They should also pay close attention to the "Commitments and Contingencies" section to assess any potential risks or liabilities that could affect the franchisor's future performance. Consulting with a financial advisor or attorney is recommended to fully understand the implications of the financial statements and related notes.