How much did Canine Dimensions spend on utilities in 2023?
Canine_Dimensions Franchise · 2025 FDDAnswer 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 utilities in 2023. While Item 21 includes audited financial statements for 2023, the specific details of utility expenses are not broken out in the provided excerpts.
To get this information, a prospective franchisee should carefully review the complete audited financial statements included as Exhibit B to the FDD. These statements would typically include a detailed income statement that lists various operating expenses, including utilities. If the complete financial statements also do not separately list utility expenses, it may be included in a combined category such as "general and administrative expenses" or "operating expenses."
It is important for potential franchisees to understand the typical operating expenses of a Canine Dimensions franchise to assess its potential profitability and manage their own business effectively. Therefore, it is advisable to ask Canine Dimensions for a detailed breakdown of their expenses, including utilities, during the due diligence process.