Does Beehive Homes provide financial statements for 2023?
Beehive_Homes Franchise · 2025 FDDAnswer from 2025 FDD Document
[Item 21: FINANCIAL STATEMENTS]
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's 2025 Franchise Disclosure Document, the document includes audited financial statements for the years ended December 31, 2024, 2023, and 2022. These financial statements are included as Exhibit C to the FDD.
These audited statements provide a detailed overview of Beehive Homes's financial performance over the past three years. A prospective franchisee can use these statements to assess the company's financial health, stability, and overall performance trends. Reviewing these statements is a crucial step in conducting due diligence before investing in a Beehive Homes franchise.
The financial statements include balance sheets, income statements, statements of cash flow, and related notes. These statements are prepared in accordance with accounting principles generally accepted in the United States of America. An independent auditor has examined the financial statements of Beehive Homes, Inc. for the years ended December 31, 2024, 2023, and 2022, and has issued an opinion that the financial statements present fairly, in all material respects, the financial position of Beehive Homes, Inc.
It is important for potential franchisees to carefully review these financial statements and consult with a financial advisor to understand the implications for their investment. Understanding the franchisor's financial performance can help franchisees make informed decisions and assess the potential risks and rewards of investing in a Beehive Homes franchise.