Under which exhibit are the Body Brain Center's financial statements located?
Body_Brain_Center Franchise · 2025 FDDAnswer from 2025 FDD Document
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, the audited financial statements for the years ended December 31, 2024, 2023, and 2022 are included as EXHIBIT "K".
This means that prospective franchisees can find Body Brain Center's detailed financial history, including balance sheets, income statements, and cash flow statements, within Exhibit K of the FDD. These statements are crucial for evaluating the financial stability and performance of the franchisor.
Reviewing these financial statements is a critical step in the due diligence process. It allows potential franchisees to assess the franchisor's profitability, debt levels, and overall financial health, aiding in their decision-making process.