What was the ending members' deficit for the Alloy franchise at the end of 2022?
Alloy Franchise · 2025 FDDAnswer from 2025 FDD Document
ALLOY PERSONAL TRAINING, LLC
(A Limited Liability Company)
STATEMENTS OF OPERATIONS AND MEMBERS' DEFICIT FOR THE YEARS ENDED DECEMBER 31, 2024, 2023 AND 2022
NOTE 2. SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES
Basis of accounting
The accompanying financial statements have been prepared on the accrual basis of accounting in accordance with accounting principles generally accepted in the United States of America ("U.S. GAAP").
Source: Item 23 — RECEIPTS (FDD pages 69–245)
What This Means (2025 FDD)
I am unable to provide the members' deficit for the Alloy franchise at the end of 2022. While the 2025 Franchise Disclosure Document includes the Statements of Operations and Members' Deficit for the years ended December 31, 2024, 2023 and 2022, the actual values are not present in the provided excerpts. The document confirms that Alloy Personal Training, LLC, uses U.S. GAAP accounting principles. To fully answer this question, a prospective franchisee should review the complete Statements of Operations and Members' Deficit within Item 23 of the FDD and consult with Alloy's franchisor.