factual

Where can I find Bombs Away Franchising LLC's audited financial statements?

Bombs_Away Franchise · 2024 FDD

Answer from 2024 FDD Document

Item 21 FINANCIAL STATEMENTS

We have not been in business for three years or more, and therefore cannot include all financial statements required by the Franchise Rule of the Federal Trade Commission. Exhibit C contains our audited financial statements dated December 31, 2023 and opening balance sheet dated December 31, 2022. Our fiscal year end is December 31

EXHIBIT C

FINANCIAL STATEMENTS

Source: Item 21 — FINANCIAL STATEMENTS (FDD page 35)

What This Means (2024 FDD)

According to the 2024 Bombs Away FDD, the audited financial statements can be found in Exhibit C. Because Bombs Away has not been in business for at least three years, the FDD does not include all financial statements typically required by the FTC's Franchise Rule. However, Exhibit C contains Bombs Away's audited financial statements dated December 31, 2023, and an opening balance sheet dated December 31, 2022. The company's fiscal year ends on December 31.

These financial statements are crucial for prospective franchisees as they provide an overview of Bombs Away's financial health and stability. Reviewing these documents will allow potential franchisees to assess the company's assets, liabilities, equity, revenue, and expenses. This information can help in making an informed decision about investing in a Bombs Away franchise.

It is important to note that the financial statements included are for a limited period due to the company's relatively short operating history. Franchisees should carefully examine these statements and consider seeking professional financial advice to fully understand the implications of the financial data presented. They should also inquire about any available financial projections or additional financial information that could provide a more comprehensive view of Bombs Away's financial performance and future prospects.

Disclaimer: This information is extracted from the 2024 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.