What years are covered by the financial statements included in this Body Brain Center FDD?
Body_Brain_Center Franchise · 2025 FDDAnswer from 2025 FDD Document
Financial Statements
Years Ended December 31, 2022 and 2021 with Independent Auditors' Report
Notes to the Financial Statements December 31, 2024 and 2023
Notes to the Financial Statements December 31, 2023 and 2022
Source: Item 23 — RECEIPT (FDD pages 43–178)
What This Means (2025 FDD)
According to the 2025 Body Brain Center FDD, the financial statements include data for multiple years. Specifically, there are financial statements for the years ended December 31, 2022 and 2021. Additionally, there are also financial statements that cover the years ended December 31, 2023 and 2022, as well as statements for December 31, 2024 and 2023.
These multiple sets of financial statements allow prospective Body Brain Center franchisees to review the brand's financial performance over a three-year period. This provides a more comprehensive view of the company's financial health and trends than a single year's data would. Reviewing multiple years of data helps in assessing the stability and growth potential of the franchise.
It is important for potential franchisees to carefully examine these financial statements and notes, possibly with the assistance of a financial advisor, to understand Body Brain Center's revenue, expenses, assets, and liabilities. Understanding these financial aspects can help a franchisee make an informed decision about investing in a Body Brain Center franchise.