For Body Brain Center, how many years of financial statements must be provided to the Qualified Appraisers?
Body_Brain_Center Franchise · 2025 FDDAnswer from 2025 FDD Document
Financial Statements
Years Ended December 31, 2022 and 2021 with Independent Auditors' Report
ABC CPAs
3435 WILSHIRE BLVD. SUITE 600 LOS ANGELES, CA 90010
Source: Item 23 — RECEIPT (FDD pages 43–178)
What This Means (2025 FDD)
According to the 2025 Body Brain Center Franchise Disclosure Document, the company provides financial statements for two years. Specifically, the FDD includes financial statements audited by ABC CPAs for the years ended December 31, 2022 and 2021.
These financial statements offer prospective franchisees insight into Body Brain Center's financial health and performance over the recent past. The inclusion of two years' worth of data allows for a comparison of financial performance over time, revealing trends and potential areas of growth or concern.
It is important for potential franchisees to carefully review these statements and consult with a financial advisor to fully understand the financial position of Body Brain Center. Understanding the franchisor's financial stability is crucial in assessing the overall risk and potential success of investing in a Body Brain Center franchise.