Does Belocal provide financial statements for the period of July 1, 2024 to June 30, 2025?
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 document includes audited financial statements for the period of July 1, 2024 to June 30, 2025. The FDD also includes financial statements for the periods of July 1, 2022 to June 30, 2023, and July 1, 2023 to June 30, 2024. Belocal's fiscal year ends on June 30.
Audited financial statements are crucial for prospective franchisees as they provide an overview of the franchisor's financial health. These statements help potential franchisees assess the stability and profitability of Belocal before making a significant investment. Reviewing these statements can reveal trends in revenue, expenses, and overall financial performance, aiding in informed decision-making.
It is important for a prospective Belocal franchisee to carefully review these audited financial statements, paying close attention to the independent auditor's report and any notes or disclosures. Understanding the franchisor's financial position is a key step in evaluating the risks and rewards of investing in a Belocal franchise.