How should the Bath Tune Up franchisee submit monthly profit and loss statements?

According to Bath Tune Up's 2025 Franchise Disclosure Document, franchisees are required to submit monthly profit and loss statements. These statements must be submitted by the fifth day of the month, covering the immediately preceding calendar month. The specific format and method for submission will be as prescribed by Bath Tune Up, and this information will be detailed in the Manuals or provided in writing.

This requirement ensures that Bath Tune Up has a consistent and timely view of each franchisee's financial performance. This allows them to monitor the overall health of the franchise system and provide support or guidance as needed. The franchisee must also reconcile these statements and provide copies to Bath Tune Up upon request.

Furthermore, Bath Tune Up retains the right to inspect or audit the franchisee's financial records to verify the accuracy of the submitted data. If an audit reveals an understatement of gross revenue, the franchisee is responsible for paying the owed royalties and other sums within 14 days of receiving the audit report. Franchisees may also be required to provide a certification from their accountant confirming the accuracy of their profit and loss statements and gross revenue statements, at their own expense.