factual

Are the Beehive Homes financial statements presented for more than one year?

Beehive_Homes Franchise · 2025 FDD

Answer 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's financial statements are presented for multiple years. Specifically, the audited financial statements included as Exhibit C cover the years ended December 31, 2024, 2023, and 2022. This provides prospective franchisees with a three-year view of the company's financial performance.

The inclusion of three years of financial statements is a positive sign for potential franchisees. It allows for a more comprehensive analysis of Beehive Homes' financial health and trends over time. Franchisees can assess the company's revenue, expenses, assets, and liabilities across these years to gain a better understanding of its financial stability and growth trajectory.

The independent auditor's report further validates the accuracy and reliability of these financial statements. The report expresses an opinion that the financial statements present fairly the financial position of Beehive Homes for the specified years, in accordance with accounting principles generally accepted in the United States of America. This assurance from an independent auditor can provide franchisees with confidence in the financial information presented.

Overall, the presentation of audited financial statements for three consecutive years, along with an independent auditor's opinion, reflects a commitment to transparency and provides prospective Beehive Homes franchisees with valuable information for making informed investment decisions.

Disclaimer: This information is extracted from the 2025 Franchise Disclosure Document and is provided for research purposes only. It does not constitute legal or financial advice. Consult with a franchise attorney before making any investment decisions.