On what pages of the Bombs Away FDD can I find the Independent Accountant Audit Report?

According to the 2024 Bombs Away FDD, the Independent Accountant Audit Report can be found on pages 3-4, as indicated in the table of contents within Item 21, which covers the franchise's financial statements. This report is a crucial component of the financial statements, providing an opinion on the fairness and accuracy of Bombs Away's financial position as of December 31, 2023.

The audit report includes details such as the auditor's responsibilities, management's responsibilities, and the basis for their opinion. It confirms whether the financial statements are presented fairly and in accordance with accounting principles generally accepted in the United States of America. The presence of this report assures prospective franchisees that an independent professional has reviewed Bombs Away's financial records.

For a potential Bombs Away franchisee, reviewing this report is essential for understanding the financial health and stability of the franchise. It offers insights into the company's financial practices and whether they adhere to standard accounting principles. Franchisees should carefully examine the auditor's opinion and any qualifications or concerns raised in the report to make an informed investment decision.