As of what dates are the audited balance sheets for Boulder Designs provided in the FDD?
Boulder_Designs Franchise · 2025 FDDAnswer from 2025 FDD Document
Financial Statements Years ended December 31, 2024, 2023 and 2022 (With Independent Auditor's Report Thereon)
INDEPENDENT AUDITOR'S REPORT
The Member Boulder Designs Franchising, LLC:
Opinion
We have audited the financial statements of Boulder Designs Franchising, LLC (the "Company"), which comprise the balance sheet as of December 31, 2024, and the related statements of operations and member's deficit, and cash flows for the year then ended, and the related notes to the financial statements.
The Company has evaluated subsequent events from the balance sheet date through March 21, 2025 the date at which the financial statements were available to be issued, and determined that there are no items to disclose.
Source: Item 21 — FINANCIAL STATEMENTS (FDD page 50)
What This Means (2025 FDD)
According to Boulder Designs' 2025 Franchise Disclosure Document, the company's audited balance sheets are provided for the years ending December 31, 2024, 2023, and 2022. The independent auditor's report specifically references the balance sheet as of December 31, 2024, along with the statements of operations, member's deficit, and cash flows for the year then ended.
Furthermore, the company evaluated subsequent events through March 21, 2025, which is the date the financial statements were available to be issued. They determined that there were no items to disclose during this period.
Prospective franchisees can review these financial statements to assess the financial health and performance of Boulder Designs Franchising, LLC over the past three years. Understanding the company's financial position can help franchisees evaluate the stability and potential risks associated with investing in a Boulder Designs franchise.