Where can I find the audited financial statements for Belocal?
Belocal Franchise · 2025 FDDAnswer from 2025 FDD Document
[Item 21: FINANCIAL STATEMENTS]
ITEM 21. FINANCIAL STATEMENTS
Attached as Exhibit A are our audited financial statements for the periods July 1, 2022 to June 30, 2023, July 1, 2023 to June 30, 2024, and July 1, 2024 to June 30, 2025. Our fiscal year ends June 30.
Source: Item 21 — FINANCIAL STATEMENTS (FDD pages 70–71)
What This Means (2025 FDD)
According to Belocal's 2025 Franchise Disclosure Document, the audited financial statements are attached as Exhibit A. These statements cover the periods from July 1, 2022, to June 30, 2023, July 1, 2023, to June 30, 2024, and July 1, 2024, to June 30, 2025. Belocal's fiscal year ends on June 30.
As a prospective franchisee, reviewing these financial statements is crucial. They provide an overview of Belocal's financial health, including its revenues, expenses, assets, and liabilities. Understanding these aspects can help you assess the stability and potential profitability of the franchise.
Specifically, the financial statements include the balance sheets, statements of operations, statements of changes in stockholders' equity, and statements of cash flows, along with notes to the financial statements. The inclusion of an Independent Auditor's Report indicates that these statements have been audited by an independent accounting firm, adding a level of assurance to their accuracy and reliability.