factual

Does Item 21 include the financial statements for Body Brain Center?

Body_Brain_Center Franchise · 2025 FDD

Answer from 2025 FDD Document

[Item 21: FINANCIAL STATEMENTS]

ITEM 21 FINANCIAL STATEMENTS

Audited financial statements of Body and Brain Center, LLC for the years ended December 31, 2024, December 31, 2023 and December 31, 2022 are attached to this Disclosure Document as EXHIBIT "K".

Source: Item 21 — FINANCIAL STATEMENTS (FDD page 42)

What This Means (2025 FDD)

According to Body Brain Center's 2025 Franchise Disclosure Document, Item 21 includes the company's audited financial statements. Specifically, the financial statements for the years ending December 31, 2024, December 31, 2023, and December 31, 2022, are attached as EXHIBIT "K".

As a prospective franchisee, reviewing these financial statements is crucial. These statements provide an overview of Body Brain Center's financial health, including its revenues, expenses, assets, and liabilities. Analyzing these documents can help you assess the stability and profitability of the franchisor.

It is important to note that the financial statements are audited, meaning they have been reviewed by an independent accounting firm. This provides a level of assurance that the information presented is accurate and reliable. The independent auditors' report included with the financial statements will outline the scope of the audit and the auditor's opinion on the fairness of the presentation of the financial statements.

Prospective franchisees should carefully examine these financial statements and consider consulting with a financial advisor to fully understand the implications for their investment decision. Understanding the franchisor's financial performance is a key step in evaluating the overall franchise opportunity.

Disclaimer: This information is extracted from the 2025 Franchise Disclosure Document and is provided for research purposes only. It does not constitute legal or financial advice. Consult with a franchise attorney before making any investment decisions.