Does the Bambu FDD include audited financial statements for 2023?
Bambu Franchise · 2025 FDDAnswer from 2025 FDD Document
Attached to this Disclosure Document as Exhibit J are our audited financial statements as of December 31, 2024, December 31, 2023, and December 31, 2022. Our fiscal year end is December 31st.
Source: Item 21 — Financial Statements (FDD page 52)
What This Means (2025 FDD)
According to Bambu's 2025 Franchise Disclosure Document, the document includes audited financial statements as of December 31, 2024, December 31, 2023, and December 31, 2022. The company's fiscal year ends on December 31st. This means that prospective franchisees can review Bambu's financial performance for the past three years, all of which have been verified by an independent auditor.
The inclusion of these audited financial statements provides transparency into Bambu's financial health and historical performance. A potential franchisee can use this information to assess the company's profitability, stability, and overall financial condition. This is a standard practice in franchising, as it allows individuals to make informed decisions about investing in a franchise.
Exhibit J of the FDD contains these financial statements. Reviewing these statements is a crucial step in the due diligence process for any prospective Bambu franchisee. By examining the balance sheets, income statements, and cash flow statements, potential franchisees can gain a deeper understanding of the financial risks and rewards associated with investing in a Bambu franchise.