What years are covered by the audited consolidated financial statements for Big O Tires?
Big_O_Tires Franchise · 2025 FDDAnswer from 2025 FDD Document
Attached to this disclosure document as Exhibit N are the audited consolidated financial statements of TBC Holdings and its subsidiaries as of March 31, 2025, March 31, 2024, and March 31, 2023 for the years then ended. We are owned indirectly by TBC Corporation, which is owned directly by TBC Holdings. A Guaranty of Performance by TBC Holdings of Big O's performance of Big O's obligations under the Franchise Agreement is included with the financial statements.
Source: Item 21 — FINANCIAL STATEMENTS (FDD pages 101–102)
What This Means (2025 FDD)
According to Big O Tires' 2025 Franchise Disclosure Document, the audited consolidated financial statements of TBC Holdings and its subsidiaries are provided as of March 31, 2025, March 31, 2024, and March 31, 2023, for the years then ended. This means the financial statements offer a three-year historical view of the company's financial performance.
For a prospective Big O Tires franchisee, this information is crucial for assessing the financial stability and performance trends of the company. Reviewing these statements allows potential franchisees to understand the revenue, expenses, assets, and liabilities of TBC Holdings, which indirectly owns Big O Tires. This understanding can inform their decision on whether to invest in a Big O Tires franchise.
It is important to note that these are consolidated financial statements, reflecting the financial performance of TBC Holdings and all its subsidiaries, not just Big O Tires. While the statements provide a broad overview, franchisees should also seek specific financial information related to the Big O Tires brand to gain a more detailed understanding of its performance within the larger TBC Holdings portfolio. Additionally, a Guaranty of Performance by TBC Holdings of Big O's performance of Big O's obligations under the Franchise Agreement is included with the financial statements.