For which years are Boulder Designs' statements of cash flows included 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)
See accompanying notes to financial statements.
Notes to Financial Statements
December 31, 2024, 2023 and 2022
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.
Source: Item 21 — FINANCIAL STATEMENTS (FDD page 50)
What This Means (2025 FDD)
According to Boulder Designs' 2025 Franchise Disclosure Document, the company's financial statements include statements of cash flows for the years ended December 31, 2024, 2023, and 2022. This information is part of the audited financial statements included in the FDD.
The inclusion of three years of financial statements allows prospective franchisees to review Boulder Designs' recent financial performance and trends. Analyzing these statements can provide insights into the company's profitability, cash flow management, and overall financial stability.
Specifically, the independent auditor's report indicates that the audit covered the balance sheet as of December 31, 2024, and the statements of operations and member's deficit, and cash flows for the year then ended. Additionally, the notes to the financial statements also cover the years December 31, 2024, 2023 and 2022. This comprehensive financial reporting helps potential franchisees make informed decisions about investing in a Boulder Designs franchise.