table_specific

How much did Canine Dimensions spend on training in 2024?

Canine_Dimensions Franchise · 2025 FDD

Answer from 2025 FDD Document

Attached to this Disclosure Document as Exhibit B are our audited financial statements for 2024, 2023, and 2022. Our fiscal year ends on December 31.

Source: Item 21 — FINANCIAL STATEMENTS (FDD page 35)

What This Means (2025 FDD)

Based on the 2025 Franchise Disclosure Document, the financial statements for Canine Dimensions do not explicitly state the amount spent on training for the year 2024. While the document includes audited financial statements for 2024, 2023, and 2022, along with statements of cash flow, changes in member's equity, and balance sheets, it does not break down expenses to the level of detail that would include a specific figure for training expenditures. The financial statements included as Exhibit B to the FDD do offer an overview of the company's financial performance.

Item 21 includes the financial statements, but these do not provide a detailed breakdown of specific expenses like training costs. Instead, they focus on broader categories of revenues, expenses, and cash flows. Notes to the financial statements discuss accounting methods, related party transactions, and revenue recognition, but these do not provide specific figures for training expenses.

A prospective franchisee should inquire directly with Canine Dimensions about their training expenditures. Specifically, they should ask for a detailed breakdown of operating expenses, including training costs, for recent years. This information would be helpful in understanding the franchisor's investment in training and support, and how these costs might impact the franchisee's operations and profitability.

Disclaimer: This information is extracted from the 2025 Franchise Disclosure Document and is provided for research purposes only. It does not constitute legal or financial advice. Consult with a franchise attorney before making any investment decisions.