What years are covered by the Belocal financial statements?
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 included as Exhibit A 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 ends on June 30th.
These financial statements provide a prospective franchisee with an overview of Belocal's financial health over the past three fiscal years. Reviewing these statements can help a potential franchisee assess the company's revenue, expenses, assets, and liabilities. This information is crucial for understanding the financial stability and performance of Belocal as a franchisor.
It is important for potential franchisees to carefully examine these audited financial statements and consult with a financial advisor to fully understand the implications. Analyzing the trends in revenue, expenses, and profitability can offer insights into the potential risks and rewards of investing in a Belocal franchise. Additionally, understanding the franchisor's fiscal year-end can help in aligning personal financial planning with the franchise's operational cycles.