For what period ending date are the unaudited 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
The Company's fiscal year is composed of the 52 or 53 weeks ending on the Sunday closest to the last day of December 31. Fiscal year 2024 consisted of the 52 weeks ended on December 29, 2024 ("fiscal 2024"). Fiscal year 2023 consisted of the 52 weeks ended on December 31, 2023 ("fiscal 2023"). Fiscal year 2022 consisted of the 52 weeks ended on January 1, 2023 ("fiscal 2022").
The financial statements have been prepared from the separate records maintained by the Company and may not be indicative of the conditions that would have existed if the Company had been operated as an unaffiliated Company.
Source: Item 21 — Financial Statements (FDD page 69)
What This Means (2025 FDD)
According to Buff City Soap's 2025 Franchise Disclosure Document, the company's financial statements include data as of December 29, 2024, and December 31, 2023. The financial statements also present results for the years ended December 29, 2024, December 31, 2023, and January 1, 2023.
Buff City Soap's fiscal year consists of either 52 or 53 weeks, concluding on the Sunday closest to December 31. Specifically, fiscal year 2024 comprised the 52 weeks ending on December 29, 2024, fiscal year 2023 consisted of the 52 weeks ending on December 31, 2023, and fiscal year 2022 was made up of the 52 weeks ending on January 1, 2023.
Prospective franchisees should note that these financial statements are prepared in accordance with generally accepted accounting principles in the United States of America (US GAAP). Additionally, the financial statements are derived from the company's records and may not entirely reflect the conditions that would exist if the company operated independently.