What date is the balance sheet for Sequel Brands Holdings, LLC included in the Body20 FDD?

According to the 2025 Body20 Franchise Disclosure Document, the balance sheet for Sequel Brands Holdings, LLC is as of April 30, 2025. This balance sheet is part of the financial statements included in Exhibit C of the FDD.

As a prospective franchisee, it's important to review these financial statements carefully. The balance sheet provides a snapshot of the company's assets, liabilities, and equity at a specific point in time. Analyzing this information can help you assess the financial health and stability of Sequel Brands Holdings, LLC, which guarantees the performance of Body20 Franchisor LLC.

Furthermore, the FDD includes the Report of Independent Auditors related to the financial statements of Sequel Brands Holdings, LLC. This report expresses the auditor's opinion on the fairness of the presentation of the financial statements. It indicates that the financial statements present fairly the financial position of Sequel Brands Holdings, LLC as of April 30, 2025, in accordance with accounting principles generally accepted in the United States of America.

In addition to the balance sheet, the financial statements for Sequel Brands Holdings, LLC also include the statement of operations and member's equity, and the statement of cash flows for the period from April 8, 2025 (inception) through April 30, 2025. Reviewing these statements in conjunction with the balance sheet can provide a more comprehensive understanding of the company's financial performance and position.