During an audit, is there an opinion expressed on the effectiveness of Basecamp Fitness's internal control?

According to Basecamp Fitness's 2025 Franchise Disclosure Document, the independent auditor's report for Anytime Fitness, LLC (a related entity) and SEB Franchising Guarantor LLC includes an opinion on the financial statements but does not explicitly express an opinion on the effectiveness of internal control. The report states that management is responsible for the design, implementation, and maintenance of internal control relevant to the preparation and fair presentation of consolidated financial statements that are free from material misstatement.

The auditor's responsibility is to audit the financial statements and issue a report expressing an opinion on whether the financial statements present fairly, in all material respects, the financial position of the company. The audit is conducted in accordance with auditing standards generally accepted in the United States of America. These standards require the auditor to communicate with those charged with governance regarding the planned scope and timing of the audit, significant audit findings, and certain internal control-related matters identified during the audit.

While the auditor does not provide a direct opinion on the effectiveness of internal controls, they are required to communicate any identified internal control-related matters to management. This communication provides some level of assurance to Basecamp Fitness franchisees that internal control issues, if identified during the audit, are brought to the attention of those responsible for governance. A prospective franchisee may want to inquire about any specific internal control matters that have been communicated to management by the auditors.