As of what dates are the audited financial statements for All States M.E.D. provided?
All_States_M_E_D Franchise · 2024 FDDAnswer from 2024 FDD Document
ed according to a negotiated settlement after the agreement is in effect and where the parties are represented by independent counsel. Provisions such as those that unreasonably restrict or limit the statute of limitations period for claims under the Act, rights or remedies under the Act such as a right to a jury trial may not be enforceable.
The undersigned does hereby acknowledge receipt of this addendum.
| FRANCHISEE: | FRANCHISOR: All States M.E.D. Franchising, LLC |
|---|---|
| By: | By: |
| By: | Date: |
EXHIBIT F TO THE DISCLOSURE DOCUMENT FINANCIAL STATEMENTS
Financial Statements
December 31, 2023
(With Independent Auditors' Report Thereon)
SMITH, BUZZI & ASSOCIATES, LLC.
CERTIFIED PUBLIC ACCOUNTANTS 9425 SUNSET DRIVE, SUITE 180 MIAMI, FLORIDA 33173 TEL. (305) 598-6701 FAX (305) 598-6716
JULIO M. BUZZI, C.P.A. MEMBERS:
JOSE E. SMITH, C.P.A.
Source: Item 21 — FINANCIAL STATEMENTS (FDD pages 43–44)
What This Means (2024 FDD)
According to All States M.E.D.'s 2024 Franchise Disclosure Document, the company provides two sets of audited financial statements. One is the balance sheet as of August 15, 2023. The other includes the balance sheet as of December 31, 2023, along with related statements of operations, member's equity, and cash flows for the period from July 11, 2023 (commencement of operations) to December 31, 2023.
The financial statements as of August 15, 2023, include only the balance sheet. The financial statements as of December 31, 2023, provide a more comprehensive view of All States M.E.D.'s financial performance, including operations and cash flows since the commencement of operations on July 11, 2023.
These financial statements were audited by Smith, Buzzi & Associates, LLC. The auditors' report indicates that the financial statements as of December 31, 2023, present fairly the financial position, results of operations, and cash flows of All States M.E.D. in accordance with accounting principles generally accepted in the United States of America. Management evaluated subsequent events through April 25, 2024, and does not believe any adjustments or disclosures are required in the financial statements.