Does the Alloy FDD include financial statements for 2024?

According to Alloy's 2025 Franchise Disclosure Document, the document includes the company's financial statements for the years ended December 31, 2024, 2023 and 2022. These audited financial statements comprise balance sheets as of December 31, 2024 and 2023, and related statements of operations, member's deficit, and cash flow statements for each of the three years ending December 31, 2024.

The inclusion of these financial statements provides prospective Alloy franchisees with an overview of the brand's financial health and performance over the past three years. This information can be used to assess Alloy's revenue trends, profitability, and overall financial stability.

Specifically, the financial statements include details about related-party transactions, such as a shared-services arrangement with Alloy Personal Training Solutions LLC, where Alloy was allocated $384,246 of shared-services costs for the year ended December 31, 2022. Beginning in January 2023, Alloy began providing certain services and allocated $33,610 and $45,804 of such costs to Alloy for the years ended December 31, 2024 and 2023, respectively. The financial statements also detail the brand development fund, where Alloy collects 2% of franchisees' reported sales, with unexpended funds totaling $403,344 and $185,052 as of December 31, 2024 and 2023, respectively. These details help a prospective franchisee understand how Alloy manages its finances, including revenue allocation and expenditures.