What years are covered by the audited financial statements for Bevaris Alliance?

According to the 2024 FDD, the audited financial statements for Bevaris Alliance Franchise System, LLC include a balance sheet as of December 31, 2023, and December 31, 2022. The statements also cover the related statements of income (loss), changes in member's equity, and cash flows for the years then ended. This means the provided financial statements give a two-year overview of the company's financial performance and position.

Prospective franchisees should carefully review these financial statements and notes to understand Bevaris Alliance's financial health, revenue trends, expenses, and overall profitability. Looking at two years allows for identifying trends and assessing the stability of the franchise system. It is important to note that past performance is not necessarily indicative of future results, but it provides valuable insight into the franchisor's operations.

It is also important to note that the financial statements were audited by Joseph A. Martin, C.P.A., P.C., indicating an independent review of the company's financials. This audit provides a level of assurance regarding the fairness of the presentation of the financial statements in accordance with generally accepted accounting principles in the United States of America. Franchisees should consider consulting with a financial advisor to fully understand the implications of the financial statements before making an investment decision.