What years are covered by the financial statements included in the Big O Tires FDD?
Big_O_Tires Franchise · 2025 FDDAnswer from 2025 FDD Document
The accompanying notes are an integral part of these consolidated financial statements.
(A Joint Venture of Michelin North America, Inc. and Sumitomo Corporation of Americas) Notes to Consolidated Financial Statements March 31, 2025, 2024 and 2023
Source: Item 23 — RECEIPTS (FDD pages 102–535)
What This Means (2025 FDD)
According to Big O Tires' 2025 Franchise Disclosure Document, the consolidated financial statements included in the document cover the fiscal years 2023, 2024, and 2025. Specifically, the notes to the consolidated financial statements are dated March 31, 2025, 2024, and 2023.
This means that prospective Big O Tires franchisees can review the company's financial performance over the past three years to identify trends and assess the financial health of the company. Analyzing these statements can provide insights into revenue, expenses, assets, and liabilities, helping potential franchisees make informed decisions.
It is important to note that these are consolidated financial statements, which means they represent the financial position of TBC Holdings, LLC and its subsidiaries, including Big O Tires. Therefore, while the statements provide an overview of the company's financial performance, they may not provide a detailed breakdown of the financial performance of the Big O Tires franchise system specifically. A prospective franchisee should request more specific financial information related to the Big O Tires franchise from the franchisor.