As of this FDD, what is the most recent year for which Beehive Homes provides audited financial statements?
Beehive_Homes Franchise · 2025 FDDAnswer from 2025 FDD Document
ITEM 21. FINANCIAL STATEMENTS
Attached to this Franchise Disclosure Document as Exhibit C are the Bee Hive Homes, Inc. audited financial statements for the years ended December 31, 2024, 2023 and 2022
Source: Item 21 — FINANCIAL STATEMENTS (FDD page 34)
What This Means (2025 FDD)
According to Beehive Homes' 2025 Franchise Disclosure Document, the company includes audited financial statements for the years ending December 31, 2024, 2023, and 2022. This means that the most recent year for which audited financial statements are provided is 2024. These financial statements are attached as Exhibit C to the FDD.
For a prospective franchisee, this is important because it provides a look at the financial health and performance of Beehive Homes over the past three years. Reviewing these statements can help a potential franchisee assess the company's profitability, stability, and overall financial condition.
It is standard practice for franchisors to include audited financial statements in their FDDs, as this provides transparency and allows potential franchisees to make informed decisions. The independent auditor's report included with the financial statements indicates that the statements are presented fairly in accordance with accounting principles generally accepted in the United States of America.