Where can I find the Balance Sheets for Beauty Bungalows Franchising, LLC in the financial statements?
Beauty_Bungalows Franchise · 2025 FDDAnswer from 2025 FDD Document
Included in Exhibit A to this disclosure document is our audited financial statements as of December 31, 2024, December 31, 2023, and December 31, 2022. Our fiscal year end is December 31.
EXHIBIT A
FINANCIAL STATEMENTS
Beauty Bungalows Franchising, LLC
(A Wyoming Limited Liability Company)
Financial Statements with Report of Independent Auditors December 31, 2024, and 2023
Table of Contents
Source: Item 21 — FINANCIAL STATEMENTS (FDD page 47)
What This Means (2025 FDD)
According to Beauty Bungalows' 2025 Franchise Disclosure Document, the balance sheets for Beauty Bungalows Franchising, LLC can be found within the audited financial statements included as Exhibit A. These financial statements provide a snapshot of the company's assets, liabilities, and equity as of specific dates. The FDD includes audited financial statements as of December 31, 2024, December 31, 2023, and December 31, 2022.
The Report of Independent Auditors states that the financial statements include balance sheets as of December 31, 2024, and 2023, along with related statements of operations, members' equity, and cash flows for the years then ended. A separate report indicates another balance sheet as of December 31, 2023 and 2022, with related statements of operations, changes in members' equity, and cash flows for those years.
Specifically, one section is titled "Beauty Bungalows Franchising, LLC BALANCE SHEET For the Year Ended December 31, 2023 and 2022". This section suggests that the balance sheets for these years are presented together. Reviewing these balance sheets will give a prospective franchisee insight into the financial health and stability of Beauty Bungalows over these periods.
It is important for potential franchisees to carefully review these balance sheets and the accompanying notes to understand Beauty Bungalows' financial position, including its assets, liabilities, and equity, as well as the accounting principles used in preparing these statements. Consulting with a financial advisor is recommended to fully understand the implications of these financial statements.