Is Baya Bar's fiscal year end December 31st?

According to Baya Bar's 2024 Franchise Disclosure Document, the company's fiscal year ends on December 31st. This is explicitly stated in Item 21, which discusses the financial statements included as Exhibit D. The financial statements provided cover the fiscal years ending December 31, 2023, December 31, 2022, and December 31, 2021.

For a prospective franchisee, this means that Baya Bar consistently uses December 31st as the cutoff date for its annual financial reporting. Understanding the franchisor's fiscal year-end is important for comparing financial performance year-over-year and aligning with any reporting requirements that Baya Bar may impose on its franchisees.

Knowing the fiscal year-end also helps franchisees understand the timelines for receiving and reviewing financial performance data from Baya Bar, as well as planning their own business operations and financial reporting in coordination with the franchisor.