Does the Bambu Franchise Disclosure Document include an auditor's consent letter for the financial statements?
Bambu Franchise · 2025 FDDAnswer from 2025 FDD Document
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
Rosse CPALLC
Ft. Collins, Colorado March 31, 2025
DOUGLAS R. FERGUSON TELEPHONE: (303) 297-2600, Ext. 169 WRITER'S E-MAIL: dferguson@rwolaw.com
March 31, 2025
VIA ELECTRONIC SUBMISSION
Department of Financial Institutions Division of Securities 4822 Madison Yards Way, North Tower Madison, Wisconsin 53705
Re: Bambu Franchising LLC
Renewal of Franchise Registration
Registration #635775
To Whom It May Concern:
On behalf of Bambu Franchising, LLC (the "Franchisor"), we submit with this letter the following application documents for the 2025 renewal of its franchise registration:
-
- A clean copy of the Franchise Disclosure Document.
-
- An executed Franchise Registration Renewal Application with a Certification.
-
- An executed Uniform Franchise Consent to Service of Process and Acknowledgment.
-
- Franchise Seller Disclosure Forms.
-
- The auditor's consent letter for those financial statements included in the Franchise Disclosure Document.
Source: Item 23 — Receipts (FDD pages 52–209)
What This Means (2025 FDD)
Yes, the 2025 Bambu Franchise Disclosure Document includes an auditor's consent letter. The consent letter from Reese CPA LLC, dated March 31, 2025, confirms their consent to the use of their report, dated March 25, 2025, relating to Bambu's financial statements for the period ending December 31, 2024, within the Franchise Disclosure Document. This letter ensures that the auditor allows Bambu to include their audited financial statements in the FDD.
Furthermore, a letter from Douglas R. Ferguson of a law firm, also dated March 31, 2025, submitted to the Department of Financial Institutions Division of Securities for the renewal of Bambu's franchise registration, explicitly mentions the inclusion of "the auditor's consent letter for those financial statements included in the Franchise Disclosure Document." This confirms that Bambu is aware of the requirement to include this consent letter as part of their registration renewal process.
The inclusion of an auditor's consent letter is a standard practice in franchising. It provides assurance to potential franchisees that the financial statements have been reviewed by an independent accounting firm and that the firm consents to the use of their audit report in the FDD. This helps franchisees to have more confidence in the financial information provided by Bambu.
Prospective franchisees should review the auditor's report and the financial statements carefully to understand Bambu's financial condition. They should also note the date of the auditor's consent letter to ensure that it corresponds with the date of the financial statements and the FDD.