Does the Boulder Designs FDD include audited balance sheets as of December 31, 2023?
Boulder_Designs Franchise · 2025 FDDAnswer from 2025 FDD Document
Attached to this disclosure document as Exhibit A are our audited balance sheets as of December 31, 2024, 2023 and 2022, and related statements of operations and member's deficit, and cash flows for the years ended December 31,2024, 2023, and 2022.
Source: Item 21 — FINANCIAL STATEMENTS (FDD page 50)
What This Means (2025 FDD)
According to Boulder Designs' 2025 Franchise Disclosure Document, the document includes audited balance sheets as of December 31, 2024, 2023, and 2022. These balance sheets are part of the financial statements attached as Exhibit A.
This means a prospective Boulder Designs franchisee can review the company's financial performance over the past three years. Examining these audited balance sheets, along with the related statements of operations, member's deficit, and cash flows, can provide insights into the franchisor's financial stability and overall business health.
It is important for potential franchisees to carefully analyze these financial statements, possibly with the help of a financial advisor, to understand the franchisor's financial position and assess the risks and opportunities associated with investing in a Boulder Designs franchise.