To whom is the Independent Auditor's Report addressed for the Baya Bar franchise system?

According to Baya Bar's 2024 Franchise Disclosure Document, the Independent Auditor's Report is addressed to the Members of Baya Bar Franchise System, LLC, located in Staten Island, New York. This report provides an audit of the company's financial statements.

The report includes an opinion on the balance sheets as of December 31, 2023, and 2022, as well as the statements of operations, members' equity, and cash flows for the years ending December 31, 2023, 2022, and 2021. The auditor's opinion confirms that the financial statements accurately represent the financial position of Baya Bar Franchise System, LLC, in accordance with generally accepted accounting principles in the United States of America.

This indicates that an independent firm has reviewed Baya Bar's financial records and attested to their accuracy. As a prospective franchisee, this report offers assurance that the financial information provided by Baya Bar has been vetted by an objective third party. Franchisees should carefully review these audited financial statements and notes to fully understand the financial health and stability of Baya Bar.