How much was spent on the purchase of an automobile by Canine Dimensions in 2022?

The 2025 Franchise Disclosure Document for Canine Dimensions does not explicitly state the amount spent on the purchase of an automobile in 2022. However, the FDD does mention that Canine Dimensions capitalizes assets with a useful life exceeding one year. According to Note 3, fixed assets consist of an automobile that is recorded at cost and depreciated using the straight-line method over five years.

While the financial statements are audited, as noted in the Independent Auditor's Report, the specific cost of the automobile purchased in 2022 is not disclosed in the provided excerpts. The financial statements include balance sheets, statements of revenue, expenses, changes in member's equity, and cash flows, but these do not break down the individual costs of fixed assets like the automobile.

A prospective Canine Dimensions franchisee should inquire directly with the franchisor to obtain the specific purchase price of the automobile and review the complete audited financial statements to understand the company's fixed asset investments and depreciation schedules. Understanding these costs can help a franchisee better assess the financial health and investment strategies of Canine Dimensions.