For what years are the Beehive Homes audited financial statements provided?
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's audited financial statements are provided for the years ended December 31, 2024, 2023, and 2022. These financial statements offer a look into the company's financial performance and position over the three-year period.
As a prospective franchisee, reviewing these statements is crucial. They include balance sheets, income statements, statements of changes in shareholder's deficit, and cash flow statements, along with related notes. The independent auditor's report expresses an opinion on the fairness of these statements in accordance with accounting principles generally accepted in the United States of America.
By examining these audited financial statements, potential Beehive Homes franchisees can assess the financial stability and historical performance of the franchisor. This helps in making an informed decision about investing in a Beehive Homes franchise. Understanding the franchisor's financial health is a key step in evaluating the overall risk and potential of the franchise opportunity.