What exhibit contains the Baya Bar financial statements?
Baya_Bar Franchise · 2024 FDDAnswer from 2024 FDD Document
| EXHIBIT A: List of State Franchise Administrators and Agents for Service of Process EXHIBIT B: Franchise Agreement with Attachments EXHIBIT C: Multi-Unit Development Agreement | |
|---|---|
| EXHIBIT D: Financial Statements of Baya Bar Franchise Systems, LLC | |
| EXHIBIT E: Operations Manual Table of Contents | |
| EXHIBIT F: Outlets as of the date of this Disclosure Document | |
| EXHIBIT G: State Addenda | |
| EXHIBIT H: Franchisee Acknowledgement Statement | |
| EXHIBIT I: | |
| Receipt | |
| Date Received: | DATE: |
| (If other than date signed) | (Signature of recipient) (Printed name of recipient) |
| Legal residence address |
Source: Item 21 — FINANCIAL STATEMENTS (FDD pages 55–56)
What This Means (2024 FDD)
According to Baya Bar's 2024 Franchise Disclosure Document, the company's financial statements are included as Exhibit D. This exhibit is a crucial part of the FDD, as it provides prospective franchisees with an overview of Baya Bar's financial health.
Financial statements typically include balance sheets, income statements, statements of cash flow, and accompanying notes. These documents offer insights into the company's assets, liabilities, revenues, expenses, and overall profitability. Reviewing these statements can help potential franchisees assess the financial stability and performance of Baya Bar.
As a potential franchisee, it is important to carefully examine Exhibit D and consult with a financial advisor to fully understand the implications of Baya Bar's financial performance. This due diligence will aid in making an informed decision about investing in a Baya Bar franchise.