What exhibit contains the audited financial statements for Bambu?
Bambu Franchise · 2025 FDDAnswer from 2025 FDD Document
Issuance Date: March 31, 2025 I received a Disclosure Document dated March 31, 2025, that included the following Exhibits: Franchise Agreement (Exhibit A); Multi-Unit Development Agreement (Exhibit B); Nondisclosure and Noncompetition Agreement (Exhibit C); Closing Acknowledgment (Exhibit D); Successor Franchise Rider to Franchise Agreement (Exhibit E); Form of General Release (Exhibit F); Owner Operations Manual Table of Contents (Exhibit G); List of Franchisees (Exhibit H); List of Franchisees Who Have Left the System (Exhibit I); Financial Statements (Exhibit J); List of State Agencies/Agents for Service of Process (Exhibit K); and State Addenda to Disclosure Document (Exhibit L). Date: Signature of Prospective Franchisee (Do not leave blank) Print Name
Source: Item 21 — Financial Statements (FDD page 52)
What This Means (2025 FDD)
According to Bambu's 2025 Franchise Disclosure Document, the audited financial statements are included in Exhibit J. This exhibit is a crucial part of the FDD, as it provides prospective franchisees with an overview of Bambu's financial health. The financial statements offer insights into the company's revenues, expenses, assets, and liabilities.
As a prospective franchisee, reviewing Exhibit J is essential for conducting due diligence. These statements, audited by an independent auditor, offer an objective opinion on the fairness of Bambu's financial presentation. This helps potential franchisees assess the financial stability and performance of the franchisor before making a significant investment.
Specifically, Exhibit J includes the balance sheets as of December 31, 2024, and 2023, along with the statements of operations, changes in members' deficit, and cash flows for the years ended December 31, 2024, 2023, and 2022. Notes related to these financial statements are also included, providing additional context and details. By examining these documents, a prospective franchisee can gain a better understanding of Bambu's financial history and current standing.