For which years are Boulder Designs' statements of member's deficit included in the FDD?
Boulder_Designs Franchise · 2025 FDDAnswer from 2025 FDD Document
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 financial statements include statements of member's deficit for the years ended December 31, 2024. The audit also covers the balance sheet as of December 31, 2024, the related statements of operations, and cash flows for the year then ended.
These financial statements are audited by Jaynes Reitmeier Boyd & Therrell, P.C., Certified Public Accountants. The auditor's report expresses an opinion on the fairness of the presentation of the company's financial position, results of operations, and cash flows for the specified year.
Prospective franchisees should carefully review these audited financial statements and the accompanying notes to understand Boulder Designs' financial performance and stability. Consulting with a financial advisor to interpret these statements is advisable before making any investment decisions.