How many years of Balance Sheets are included in the Beyond Juicery Eatery FDD?
Beyond_Juicery_Eatery Franchise · 2025 FDDAnswer from 2025 FDD Document
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.
Source: Item 21 — FINANCIAL STATEMENTS (FDD page 60)
What This Means (2025 FDD)
According to the 2025 Beyond Juicery Eatery Franchise Disclosure Document, the company's financial statements include balance sheets for the years 2024, 2023, and 2022. This means that the FDD provides a three-year historical view of the company's financial position.
Having three years of balance sheets allows prospective franchisees to analyze Beyond Juicery Eatery's financial trends over time. They can assess the company's assets, liabilities, and equity to understand its financial stability and growth trajectory. This information is crucial for making an informed investment decision.
It is common practice in the franchise industry to provide multiple years of financial statements in the FDD. This helps potential franchisees evaluate the franchisor's financial health and assess the risks and opportunities associated with investing in the franchise. Reviewing these balance sheets, along with other financial statements, is a critical step in the due diligence process for any prospective Beyond Juicery Eatery franchisee.