How many years of audited financial statements are included for Bambu in this FDD?
Bambu Franchise · 2025 FDDAnswer from 2025 FDD Document
We have audited the accompanying financial statements of Bambu Franchising, LLC which comprise the balance sheet as of December 31, 2024, and 2023, and the related statements of operations, changes in members' ( deficit) and cash flows for the years ended December 31, 2024, 2023, and 2022, and the related notes to the financial statements.
In our opinion, the financial statements referred to in the first paragraph above present fairly, in all material respects, the financial position of Bambu Franchising, LLC as of December 31, 2024, and 2023 and the results of its operations and its cash flows for the years ended December 31, 2024, 2023, and 2022, in accordance with accounting principles generally accepted in the United States of America.
Source: Item 21 — Financial Statements (FDD page 52)
What This Means (2025 FDD)
According to Bambu's 2025 Franchise Disclosure Document, the company includes three years of audited financial statements. The auditor's report specifically mentions that the financial statements cover the balance sheets as of December 31, 2024, and 2023, and the statements of operations, changes in members' deficit, and cash flows for the years ended December 31, 2024, 2023, and 2022.
This inclusion of three years' worth of financial data allows prospective franchisees to review Bambu's financial performance over a period of time, which is helpful for identifying trends and assessing the company's financial stability. Reviewing multiple years can provide a more comprehensive understanding compared to a single year's snapshot.
It is important for potential franchisees to carefully examine these financial statements and notes, possibly with the assistance of a financial advisor, to fully understand Bambu's financial health and to make an informed investment decision. The auditor's opinion indicates that the financial statements are presented fairly in accordance with accounting principles generally accepted in the United States of America.