Does Belocal provide financial statements for the period of July 1, 2023 to June 30, 2024?
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 includes audited financial statements 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 concludes on June 30.
This inclusion of multiple years of audited financial statements is a standard practice in franchising, allowing prospective franchisees to review the franchisor's financial health and stability over time. The audited statements provide an independent opinion on the accuracy and reliability of Belocal's reported financial performance.
For a prospective Belocal franchisee, reviewing these financial statements is crucial for assessing the franchisor's financial stability, profitability trends, and overall financial health. Analyzing these statements can help in making an informed decision about investing in a Belocal franchise.