factual

What is the fiscal year end for Bens Soft Pretzels?

Bens_Soft_Pretzels Franchise · 2025 FDD

Answer from 2025 FDD Document

Attached to this Disclosure Document as Exhibit D are our audited financial statements for our fiscal years ending December 31, 2024, December 31, 2023, and December 31, 2022, and an unaudited balance sheet and income statement for the period ending March 31, 2025. Our fiscal year end is December 31.

Source: Item 21 — FINANCIAL STATEMENTS (FDD page 46)

What This Means (2025 FDD)

According to the 2025 FDD, Bens Soft Pretzels' fiscal year ends on December 31. This means that the company's financial performance is measured and reported on an annual cycle concluding on this date. The FDD includes audited financial statements for the fiscal years ending December 31, 2024, December 31, 2023, and December 31, 2022.

For a prospective franchisee, understanding the franchisor's fiscal year-end is important for several reasons. It provides a benchmark for evaluating the financial data presented in the FDD, allowing them to assess the company's performance over consistent annual periods. The franchisee can review the financial statements for these years to understand revenue trends, expenses, and profitability.

Additionally, knowing the fiscal year-end helps franchisees align their own financial planning and reporting with that of Bens Soft Pretzels. This alignment can be beneficial for budgeting, forecasting, and comparing their store's performance against the franchisor's overall financial results. The FDD also includes an unaudited balance sheet and income statement for the period ending March 31, 2025, offering a more recent snapshot of the company's financial position, though it has not been audited by a certified public accountant.

Disclaimer: This information is extracted from the 2025 Franchise Disclosure Document and is provided for research purposes only. It does not constitute legal or financial advice. Consult with a franchise attorney before making any investment decisions.