Do the Alloy financial statements include a balance sheet?
Alloy Franchise · 2025 FDDAnswer from 2025 FDD Document
(A Limited Liability Company) FOR THE YEARS ENDED DECEMBER 31, 2024, 2023 AND 2022**
Table of Contents
| Independent Auditor's Report | 1 - 2 |
|---|---|
| Financial Statements | |
| Balance sheets | 3 |
| Statements of operations and members' deficit | 4 |
| Statements of cash flows | 5 |
| Notes to financial statements | 6 - 16 |
INDEPENDENT AUDITOR'S REPORT
To the Members Alloy Personal Training, LLC
Opinion
We have audited the accompanying financial statements of Alloy Personal Training, LLC (a limited liability company), which comprise the balance sheets as of December 31, 2024 and 2023, and the related statements of operations and members' deficit and cash flows for each of the years in the threeyear period ended December 31, 2024, and the related notes to the financial statements.
Source: Item 21 — FINANCIAL STATEMENTS (FDD page 69)
What This Means (2025 FDD)
According to Alloy's 2025 Franchise Disclosure Document, the company's financial statements include balance sheets. The independent auditor's report states that the audit encompassed the balance sheets as of December 31, 2024, and 2023. This indicates that Alloy provides a snapshot of its assets, liabilities, and equity for these specific years.
The inclusion of balance sheets in Alloy's financial statements is a standard practice, allowing prospective franchisees to assess the company's financial stability and overall health. These statements provide insights into Alloy's ability to meet its short-term and long-term obligations, manage its resources effectively, and fund future growth. Franchisees can use this information to evaluate the financial risks and opportunities associated with investing in an Alloy franchise.
The FDD explicitly mentions "ALLOY PERSONAL TRAINING, LLC (A Limited Liability Company) BALANCE SHEETS DECEMBER 31, 2024 AND 2023", further confirming the presence of these financial statements within the document. This level of transparency is crucial for potential franchisees to make informed decisions and understand the financial standing of Alloy before committing to a franchise agreement.