What specific period of time does the Beauty Bungalows financial performance representation cover?
Beauty_Bungalows Franchise · 2025 FDDAnswer from 2025 FDD Document
The financial performance representation in this Item 19 is historic based upon our existing Company-Owned Outlets. It includes the historical financial and operational results from our 3 existing Company-Owned Outlets during the period beginning January 1, 2024 and ending December 31, 2024 (the "Measurement Period"). We do not have any franchise outlets in operation as of the issuance date of this Disclosure Document. We have a reasonable basis for the financial performance information disclosed in this Item 19 and written substantiation for the financial performance representation will be made available to the prospective franchisee upon reasonable request.
Source: Item 19 — FINANCIAL PERFORMANCE REPRESENTATIONS (FDD pages 40–45)
What This Means (2025 FDD)
According to Beauty Bungalows's 2025 Franchise Disclosure Document, the financial performance representation is based on the historical results of their three company-owned outlets. This representation covers the period from January 1, 2024, to December 31, 2024, which Beauty Bungalows refers to as the "Measurement Period."
This means that the revenue, expenses, and potential earnings figures presented in Item 19 of the FDD are derived from the actual performance of Beauty Bungalows' existing company-owned locations during this specific one-year timeframe. Prospective franchisees should understand that these figures are backward-looking and may not be indicative of future performance, especially considering that Beauty Bungalows does not have any franchise outlets in operation as of the issuance date of the FDD.
It is important for potential franchisees to consider this historical data in conjunction with other factors, such as their own market research, location analysis, and business acumen, to form a realistic expectation of their potential financial performance. Beauty Bungalows also states that written substantiation for the financial performance representation will be made available to the prospective franchisee upon reasonable request.