Are the Body Brain Center financial statements for the past three years included?
Body_Brain_Center Franchise · 2025 FDDAnswer from 2025 FDD Document
We have audited the financial statements of Body and Brain Center, LLC (an Arizona limited liability company and wholly owned subsidiary of Body & Brain Yoga and Health Centers, Inc.), which comprise the balance sheets as of December 31, 2022 and 2021, and the related statement of income, changes in member's equity, and cash flows for the years then ended, and the related notes to the financial statements. In our opinion, the accompanying financial statements present fairly, in all material respects, the financial position of Body and Brain Center, LLC as of December 31, 2022 and 2021, and the results of its operations and its cash flows for the years then ended in accordance with accounts principles generally accepted in the United States of America.
We have audited the financial statements of Body and Brain Center, LLC (the "Company") (an Arizona limited liability company and wholly owned subsidiary of Body & Brain Yoga and Health Centers, Inc.), which comprise the balance sheet as of December 31, 2023 and 2022, and the related statement of income and changes in member's equity, and cash flows for the year then ended, and the related notes to the financial statements.
Notes to the Financial Statements December 31, 2024 and 2023
Source: Item 21 — FINANCIAL STATEMENTS (FDD page 42)
What This Means (2025 FDD)
According to Body Brain Center's 2025 Franchise Disclosure Document, audited financial statements are included for the years 2021, 2022, 2023 and 2024.
The financial statements include balance sheets as of December 31, 2022 and 2021, along with statements of income, changes in member's equity, and cash flows for those years. An independent auditor's report from ABC CPAs is included, stating that the financial statements present fairly the financial position of Body Brain Center, LLC as of December 31, 2022 and 2021.
Additionally, the FDD includes a balance sheet as of December 31, 2023 and 2022, and the related statement of income and changes in member's equity, and cash flows for the year then ended, and the related notes to the financial statements. This also includes an independent auditor's report.
Finally, the document contains notes to the financial statements for December 31, 2024 and 2023, offering further details on the company's financial status and accounting practices.