Does the Beyond Juicery Eatery FDD include audited balance sheets?
Beyond_Juicery_Eatery Franchise · 2025 FDDAnswer from 2025 FDD Document
| 1-2 | |
|---|---|
| Financial Statements | |
| Balance Sheet | 3 |
| Statement of Operations | 4 |
| Statement of Members' Deficit | 5 |
| Statement of Cash Flows | 6 |
| Notes to Financial Statements | 7-11 |
Independent Auditor's Report
To the Members Beyond Juicery + Eatery Franchising, LLC
Opinion
We have audited the financial statements of Beyond Juicery + Eatery Franchising, LLC (the "Company"), which comprise the balance sheet as of December 31, 2024, 2023, and 2022 and the related statements of operations, members' deficit, and cash flows for the years then ended, and the related notes to the financial statements.
In our opinion, the accompanying financial statements present fairly, in all material respects, the financial position of the Company as of December 31, 2024, 2023, and 2022 and the results of its operations and its cash flows for the years then ended in accordance with accounting principles generally accepted in the United States of America.
Basis for Opinion
We conducted our audits in accordance with auditing standards generally accepted in the United States of America (GAAS). Our responsibilities under those standards are further described in the Auditor's Responsibilities for the Audits of the Financial Statements section of our report.
Source: Item 21 — FINANCIAL STATEMENTS (FDD page 60)
What This Means (2025 FDD)
Yes, the 2025 Beyond Juicery Eatery FDD includes audited balance sheets. According to the Independent Auditor's Report, the financial statements of Beyond Juicery + Eatery Franchising, LLC, which include the balance sheets as of December 31, 2024, 2023, and 2022, have been audited. The audit also covers the related statements of operations, members' deficit, and cash flows for the years then ended, along with the related notes to the financial statements.
The inclusion of audited financial statements provides prospective franchisees with an independent assessment of Beyond Juicery Eatery's financial position and performance. This allows franchisees to make informed decisions about the financial stability and viability of the franchise system. The audit was conducted in accordance with auditing standards generally accepted in the United States of America (GAAS). The auditor's opinion states that the financial statements present fairly, in all material respects, the financial position of the company as of the specified dates and the results of its operations and cash flows for the years then ended, in accordance with accounting principles generally accepted in the United States of America.
Furthermore, the report outlines the responsibilities of both the management and the auditor in relation to the financial statements. Management is responsible for the preparation and fair presentation of the financial statements, while the auditor is responsible for expressing an opinion on those statements based on their audit. This division of responsibilities ensures that the financial information is reliable and transparent for potential investors and franchisees.