Does the Brain Balance FDD include audited financials for BBF as of December 31, 2024?

According to Brain Balance's 2025 Franchise Disclosure Document, the financial statements attached as Exhibit C include audited financials for BBF as of December 31, 2024. The FDD also includes audited financials for December 31, 2023, and December 31, 2022. In addition to the audited financials, the FDD includes unaudited balance sheet and profit and loss statements from January 1, 2025, through March 31, 2025. These financial statements have been prepared following generally accepted accounting principles, and BBF's fiscal year ends on December 31.

As a prospective franchisee, reviewing these audited financial statements is crucial. They provide insights into Brain Balance's financial stability, profitability, and overall financial health. The inclusion of three years' worth of audited financials allows for trend analysis, helping you understand the company's financial performance over time.

Pay close attention to the independent auditor's report, which expresses an opinion on the fairness of the financial statements. This report confirms that the financial statements present fairly, in all material respects, the financial position of BB Franchising, LLC as of December 31, 2024, 2023, and 2022, and the results of its operations and its cash flows for the years then ended, in accordance with accounting principles generally accepted in the United States of America. This independent audit adds credibility to the financial information provided in the FDD.