On what pages of the Best Brains FDD can I find the Balance Sheet?
Best_Brains Franchise · 2025 FDDAnswer from 2025 FDD Document
Exhibit H contains our audited financial statements for the fiscal years ending December 31, 2024, 2023, and 2022, as well as our unaudited Balance Sheet as of March 31, 2025 and our unaudited Profit & Loss Statement for the time period January 1, 2025 – March 31, 2025.
The following statement applies to the unaudited portion of the financial statements which follow:
THESE FINANCIAL STATEMENTS ARE PREPARED WITHOUT AN AUDIT. PROSPECTIVE FRANCHISEES OR SELLERS OF FRANCHISES SHOULD BE ADVISED THAT NO CERTIFIED PUBLIC ACCOUNTANT HAD AUDITED THESE FIGURES OR EXPRESSED HIS/HER OPINION WITH REGARD TO THE CONTENT OR FORM.
Source: Item 21 — FINANCIAL STATEMENTS (FDD page 42)
What This Means (2025 FDD)
According to the 2025 Best Brains Franchise Disclosure Document, the audited financial statements for the fiscal years ending December 31, 2024, 2023, and 2022 are located in Exhibit H. Additionally, Exhibit H contains the unaudited Balance Sheet as of March 31, 2025, and the unaudited Profit & Loss Statement for the period from January 1, 2025, to March 31, 2025.
It is important to note that the Balance Sheet as of March 31, 2025, and the Profit & Loss Statement for January 1, 2025 – March 31, 2025 are unaudited. The Best Brains FDD includes a disclaimer that no Certified Public Accountant has audited these figures or expressed an opinion on their content or form.
Prospective franchisees should carefully review all financial statements and consider the implications of the unaudited statements. It is advisable to consult with a financial advisor to fully understand the financial condition of Best Brains before making any investment decisions.