What years are covered in the Notes to the Financial Statements for Body Brain Center?
Body_Brain_Center Franchise · 2025 FDDAnswer from 2025 FDD Document
Notes to the Financial Statements December 31, 2024 and 2023
Source: Item 23 — RECEIPT (FDD pages 43–178)
What This Means (2025 FDD)
According to Body Brain Center's 2025 Franchise Disclosure Document, the notes to the financial statements cover multiple periods. Specifically, one set of notes covers the years ending December 31, 2024, and 2023. Another set of notes covers the years ending December 31, 2023, and 2022. Additionally, the notes to the financial statements also include information for the years ending December 31, 2022, and 2021.
These financial statements and their accompanying notes provide a prospective Body Brain Center franchisee with an overview of the company's financial performance and position over these specific periods. Reviewing these notes can help a potential franchisee understand the accounting policies, related party transactions, and any significant financial events that may have impacted Body Brain Center during those years.
It is important for a prospective franchisee to carefully examine these notes, as they offer insights into the financial health and stability of Body Brain Center. Understanding the franchisor's financial background is crucial in making an informed decision about investing in a franchise.