Which exhibit contains the audited financial statements for Buff City Soap?
Buff_City_Soap Franchise · 2025 FDDAnswer from 2025 FDD Document
Buff City Soap Franchising, LLC
Financial Statements As of December 29, 2024 and December 31, 2023 and for the Years Ended December 29, 2024, December 31, 2023 and January 1, 2023
Buff City Soap Franchising, LLC Index
Source: Item 21 — Financial Statements (FDD page 69)
What This Means (2025 FDD)
According to the 2025 Buff City Soap FDD, the audited financial statements as of December 29, 2024, and December 31, 2023, including the years ended December 29, 2024, December 31, 2023, and January 1, 2023, for Buff City Soap Franchising, LLC are included in the FDD. The document also includes an index for these financial statements.
It is standard practice for franchise FDDs to include audited financial statements, as they provide potential franchisees with an overview of the franchisor's financial health. These statements can help franchisees assess the stability and profitability of the franchisor, which is a critical factor in making an informed investment decision.
Prospective franchisees should carefully review these financial statements and consult with a financial advisor to fully understand the financial position of Buff City Soap Franchising, LLC before making any investment.