What years are covered by the audited financial statements included in the Bath Tune Up FDD?
Bath_Tune_Up Franchise · 2025 FDDAnswer from 2025 FDD Document
Exhibit B includes our audited financial statements dated as of and for the years ended December 31, 2024, 2023 and 2022.
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 included cover the years ended December 31, 2024, 2023, and 2022. This means that prospective franchisees can review Bath Tune Up's financial performance over the most recent three-year period.
These financial statements offer insights into Bath Tune Up's revenue, expenses, assets, and liabilities. Analyzing these statements can help potential franchisees assess the financial stability and performance of the franchisor. It is important to carefully examine these statements and compare the trends across the three years to understand the financial health and growth trajectory of Bath Tune Up.
It is typical for franchisors to include audited financial statements for the past three years in their FDD. This allows potential franchisees to conduct due diligence and make informed decisions. Franchisees should pay close attention to key financial ratios and trends to evaluate the franchisor's financial performance and stability. If there are any significant changes or anomalies, it is advisable to seek clarification from the franchisor or a financial advisor.