For what periods are Belocal's audited financial statements provided?
Belocal Franchise · 2025 FDDAnswer from 2025 FDD Document
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 company's audited financial statements are attached as Exhibit A. These statements cover the following periods: 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 concludes on June 30.
This information is crucial for prospective franchisees as it provides a detailed look into Belocal's financial health over the past three years. Reviewing these statements can help potential franchisees assess the stability and profitability of the company before making a decision to invest.
It is standard practice for franchisors to include audited financial statements in their FDDs, allowing potential franchisees to conduct thorough due diligence. These statements offer insights into the franchisor's revenue, expenses, assets, and liabilities, which are essential for evaluating the overall financial risk and potential return on investment.