What is the date of the Sequel Brands Holdings, LLC Balance Sheet included in the Body20 FDD?
Body20 Franchise · 2025 FDDAnswer from 2025 FDD Document
Financial Statements
Sequel Brands Holdings, LLC Balance Sheet April 30, 2025
Source: Item 23 — RECEIPT (FDD pages 74–251)
What This Means (2025 FDD)
According to Body20's 2025 Franchise Disclosure Document, the Sequel Brands Holdings, LLC Balance Sheet is dated April 30, 2025. The document includes the balance sheet as of this date, along with related statements of operations, member's equity, and cash flows for the period from the company's inception on April 8, 2025, through April 30, 2025.
These financial statements provide a snapshot of the company's financial position at that specific point in time. Because Sequel Brands Holdings, LLC was formed on April 8, 2025, the balance sheet and related financial statements only cover a short period of time.
Prospective Body20 franchisees should note that these financial statements reflect the financial status of Sequel Brands Holdings, LLC, which acts as a guarantor for Body20 Franchisor LLC. Reviewing these statements can help potential franchisees assess the financial health and stability of the entity backing the franchise.