What period do the financial statements of All States M.E.D. cover?

According to All States M.E.D.'s 2024 Franchise Disclosure Document, the financial statements include a balance sheet as of December 31, 2023. The related statements of operations, members' equity, and cash flows cover the period from July 11, 2023, which is the 'Commencement of operations' date, to December 31, 2023.

This means the provided financial statements reflect All States M.E.D.'s financial performance and position for a partial year, specifically from the commencement of their operations in July 2023 until the end of that calendar year. Prospective franchisees should be aware that this is not a full year of operations, which may affect the comparability of these statements to established franchises or other investment opportunities.

Given that the financial statements only cover a partial year, it is important for potential All States M.E.D. franchisees to inquire about the company's performance since December 31, 2023. Requesting updated financial information or projections could provide a more complete picture of the franchise's current financial health and future prospects. Additionally, understanding the factors that influenced the company's performance during its initial partial year of operations can offer valuable insights.