What was the total equity for Big Blue Swim School as of June 30, 2025?

Based on the 2025 Franchise Disclosure Document, Big Blue Swim School's audited financial statements include balance sheets as of December 31, 2024 and 2023. The FDD also includes an unaudited balance sheet as of June 30, 2025. However, the provided excerpts do not contain the actual balance sheet data, so the total equity as of June 30, 2025, is not disclosed in this document. Instead, the document contains the profit and loss statement for the year-to-date fiscal period ending June 30, 2025.

While the financial statements are mentioned, the specific figures for assets, liabilities, and equity are absent from the provided excerpts. Note 4 discusses the member's deficit, stating that Big Blue Swim School Franchising, LLC had an accumulated member's deficit of $3,021,265 as of December 31, 2024. This deficit is attributed to historical losses primarily due to the timing of revenue recognition of franchise fees.

A prospective franchisee should request the complete financial statements, including the balance sheet as of June 30, 2025, from Big Blue Swim School to assess the company's financial position, including its total equity. Understanding the trends in assets, liabilities, and equity is crucial for evaluating the financial health and stability of the franchisor.