Do the Beehive Homes financial statements include a balance sheet?
Beehive_Homes Franchise · 2025 FDDAnswer from 2025 FDD Document
To the Shareholder Bee Hive Homes, Inc. Boise, Idaho
Opinion
We have audited the financial statements of Bee Hive Homes, Inc. (an S corporation), which comprise the balance sheets as of December 31, 2024, 2023, and 2022, and the related statements of income, changes in shareholder's deficit, and cash flows for the years then ended, and the related notes to the financial statements.
Source: Item 21 — FINANCIAL STATEMENTS (FDD page 34)
What This Means (2025 FDD)
According to Beehive Homes' 2025 Franchise Disclosure Document, the financial statements include balance sheets. The independent auditor's report states that the financial statements of Beehive Homes, Inc. comprise the balance sheets as of December 31, 2024, 2023, and 2022. This indicates that the provided financial statements include a balance sheet for each of the three years audited.
Specifically, the auditor's opinion confirms that these balance sheets, along with the related statements of income, changes in shareholder's deficit, and cash flows, present fairly the financial position of Beehive Homes, Inc. for those years. This is in accordance with accounting principles generally accepted in the United States of America.
Furthermore, Exhibit C of the Franchise Disclosure Document explicitly states that the audited financial statements for the years ended December 31, 2024, 2023, and 2022 are attached. The table of contents for the financial statements also confirms the inclusion of balance sheets for these years.