Through what date did Bor Restoration perform an evaluation of subsequent events?

According to Bor Restoration's 2024 Franchise Disclosure Document, the company performed an evaluation of subsequent events through March 26, 2024. This date represents the cutoff for considering events that occurred after the balance sheet date (December 31, 2023) but before the financial statements were available to be issued. Bor Restoration considered any relevant matters during this period in the preparation of its financial statements and footnotes.

For a prospective franchisee, this means that the financial statements in the FDD reflect the most up-to-date information available as of March 26, 2024. Any significant events, such as major changes in the business, legal proceedings, or financial conditions, that occurred after December 31, 2023, but before March 26, 2024, should be disclosed in the financial statements or related footnotes. This provides potential franchisees with a more complete picture of the company's financial health and stability.

It is important for a prospective Bor Restoration franchisee to understand the implications of subsequent events and how they might affect the franchise opportunity. While the FDD provides a snapshot of the company's financial condition, it is essential to conduct thorough due diligence and seek professional advice to assess the potential risks and rewards of investing in a Bor Restoration franchise.