For which fiscal years are Baya Bar's audited financial statements included in the FDD?

According to Baya Bar's 2024 Franchise Disclosure Document, the audited financial statements included as Exhibit D are for the fiscal years ending December 31, 2023, December 31, 2022, and December 31, 2021. This provides prospective franchisees with a three-year view of the company's financial performance.

The inclusion of these audited financial statements allows potential Baya Bar franchisees to assess the financial stability and performance of the company over the recent past. Reviewing these statements can help in understanding revenue trends, profitability, and overall financial health, which are critical factors in evaluating the franchise opportunity.

It is standard practice in the franchise industry to provide several years of audited financial statements in the FDD. This requirement aims to give franchisees sufficient information to make an informed decision. By examining these statements, prospective Baya Bar franchisees can gain insights into the franchisor's financial management and historical performance, aiding them in their due diligence process.