Does the Bambu FDD include audited financial statements for 2024?
Bambu Franchise · 2025 FDDAnswer from 2025 FDD Document
ITEM 21
FINANCIAL STATEMENTS
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.
Bambu Franchising, LLC Denver, Colorado
Ladies and Gentlemen,
Reese CPA LLC consents to the use in the Franchise Disclosure Document issued by Bambu Franchising, LLC ("Franchisor") on March 31, 2025, as it may be amended, of our report dated, March 25, 2025, relating to the financial statements of Franchisor for the period ending December 31, 2024.
Sincerely,
REESE CPA LLC
Source: Item 21 — Financial Statements (FDD page 52)
What This Means (2025 FDD)
Yes, the 2025 Bambu FDD includes audited financial statements. According to Item 21, the financial statements as of December 31, 2024, December 31, 2023, and December 31, 2022, are attached to the Disclosure Document as Exhibit J. Reese CPA LLC has also provided their consent to the use of their report, dated March 25, 2025, relating to the financial statements of Bambu for the period ending December 31, 2024, in the Franchise Disclosure Document issued on March 31, 2025.
The inclusion of these audited financial statements provides prospective franchisees with an overview of Bambu's financial performance over the past three years. This allows potential investors to assess the financial stability and profitability of the company before making a decision to invest in a franchise.
It is typical for franchisors to include audited financial statements in their FDDs to provide transparency and build trust with potential franchisees. These statements are prepared in accordance with generally accepted accounting principles (GAAP) and audited by an independent CPA, offering a reliable source of financial information.