Does the Deer Solution financial statement include a Statement of Operations?
Deer_Solution Franchise · 2025 FDDAnswer from 2025 FDD Document
Independent Auditor's Report
To the Members of Deer Solution Franchising, LLC
Opinion
We have audited the accompanying financial statements of Deer Solution Franchising, LLC (the Company), which comprise the balance sheets as of December 31, 2024 and 2023 and the related statements of operations, members' equity (deficit), and cash flows for the years then ended, and the related notes to the financial statements.
Source: Item 23 — RECEIPTS (FDD pages 55–246)
What This Means (2025 FDD)
According to Deer Solution's 2025 Franchise Disclosure Document, the financial statements include a statement of operations. The Independent Auditor's Report states that the audited financial statements comprise the balance sheets as of December 31, 2024 and 2023, and the related statements of operations, members' equity (deficit), and cash flows for the years then ended, and the related notes to the financial statements.
This means that prospective Deer Solution franchisees can review the franchisor's financial performance, including revenues, expenses, and profitability, for the stated periods. The statement of operations provides insights into how Deer Solution generates revenue and manages its expenses, which can help franchisees assess the financial health and stability of the franchisor.
It is important for potential franchisees to carefully examine the statement of operations, along with other financial statements and notes, to understand Deer Solution's financial performance and identify any trends or potential risks. Consulting with a financial advisor or accountant is recommended to properly interpret the financial statements and make informed decisions.