Where can I find the audited financial statements for Bath Tune Up within the FDD?
Bath_Tune_Up Franchise · 2025 FDDAnswer from 2025 FDD Document
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There is no trademark-specific franchisee organization associated with the franchise system being offered in this disclosure document.
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Source: Item 21 — FINANCIAL STATEMENTS (FDD pages 51–52)
What This Means (2025 FDD)
According to Bath Tune Up's 2025 Franchise Disclosure Document, the audited financial statements for the company are included as Exhibit B. These statements cover the financial years ending December 31, 2024, 2023, and 2022.
The financial statements include several key documents that provide a comprehensive overview of Bath Tune Up's financial health. These documents include balance sheets, statements of operations, statements of member's equity, statements of cash flows, and notes to the financial statements. These components offer insights into the company's assets, liabilities, revenues, expenses, equity, and cash flow activities over the three-year period.
Furthermore, the FDD includes reports from independent auditors who have examined these financial statements. These reports express an opinion on the fairness and accuracy of the financial statements in accordance with accounting principles generally accepted in the United States of America (GAAP). The inclusion of these audited financial statements and the independent auditor's report aims to provide prospective franchisees with transparency and confidence in the financial stability of Bath Tune Up.