What is the date of the audit report for Basecamp Fitness?
Basecamp_Fitness Franchise · 2025 FDDAnswer from 2025 FDD Document
The financial statements of the Company as of December 31, 2023 and for the years ended December 31, 2023 and 2022 were audited by other auditors whose report, dated March 27, 2024, expressed an unmodified opinion on those statements.
Source: Item 23 — RECEIPTS (FDD pages 62–248)
What This Means (2025 FDD)
According to Basecamp Fitness's 2025 Franchise Disclosure Document, the financial statements of SEB Franchising Guarantor LLC for the years 2023 and 2022 were audited by other auditors. The report expressing an unmodified opinion on those statements is dated March 27, 2024.
This information is relevant to potential Basecamp Fitness franchisees as it provides insight into the financial health and auditing practices of SEB Franchising Guarantor LLC, which guarantees the obligations of the franchising entities. Understanding the financial stability and auditing history of the guarantor can help franchisees assess the overall risk and reliability of the franchise system.
It is important to note that the audit report date provided pertains to the financial statements of SEB Franchising Guarantor LLC, not directly to Basecamp Fitness Franchisor LLC. However, given the guarantor's role in securing the franchise's obligations, this information still offers valuable context for prospective franchisees evaluating the financial underpinnings of the Basecamp Fitness franchise opportunity.