How many years of financial statements are included for Alloy?
Alloy Franchise · 2025 FDDAnswer from 2025 FDD Document
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.
In our opinion, the financial statements referred to above present fairly, in all material respects, the financial position of Alloy Personal Training, LLC as of December 31, 2024 and 2023, and the results of its operations and its cash flows for each of the years in the three-year period ended December 31, 2024, in accordance with accounting principles generally accepted in the United States of America.
Source: Item 21 — FINANCIAL STATEMENTS (FDD page 69)
What This Means (2025 FDD)
According to Alloy's 2025 Franchise Disclosure Document, the company includes audited financial statements covering a three-year period. Specifically, the financial statements comprise balance sheets as of December 31, 2024, and 2023, along with statements of operations, members' deficit, and cash flows for each of the years in the three-year period ending December 31, 2024.
This inclusion of three years' worth of financial data allows prospective franchisees to review Alloy's financial performance over time, identify trends, and assess the company's financial stability. Reviewing multiple years of data is more helpful than just looking at a single year, as it provides a more comprehensive view of the company's financial health and performance.
It is important for potential franchisees to carefully examine these financial statements and related notes, possibly with the assistance of a financial advisor, to fully understand Alloy's financial position and operating results. This will help in making an informed decision about investing in an Alloy franchise.