What specific financial statements are included in the Batteries Plus Bulbs financial statements?

According to the 2025 Batteries Plus Bulbs Franchise Disclosure Document, the financial statements include consolidated balance sheets as of December 31, 2024, December 31, 2023, and December 31, 2022. These balance sheets provide a snapshot of the company's assets, liabilities, and equity at those specific points in time. This information is crucial for assessing the company's financial health and stability.

In addition to the balance sheets, the financial statements also contain consolidated statements of income, members' equity, and cash flows for each of the years ended December 31, 2024, December 31, 2023, and December 31, 2022. The statements of income, also known as profit and loss statements, show the company's revenues, expenses, and net income over these periods. The statements of members' equity detail changes in the equity accounts of the company's members. The statements of cash flows illustrate the movement of cash both into and out of the company during these years, categorized by operating, investing, and financing activities.

These financial statements are crucial for prospective franchisees as they offer insights into Batteries Plus Bulbs' financial performance and stability over the past three years. Reviewing these statements can help potential franchisees evaluate the franchisor's ability to support its franchisees and manage its own financial obligations. Furthermore, the inclusion of notes to the consolidated financial statements provides additional context and details about the figures presented, such as the basis of presentation, nature of business, and accounting policies, which can further inform a franchisee's investment decision.