How many years of audited financial statements are included for Deer Solution?
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 21 — FINANCIAL STATEMENTS (FDD page 54)
What This Means (2025 FDD)
According to Deer Solution's 2025 Franchise Disclosure Document, the company includes audited financial statements for two years. Specifically, the independent auditor's report references balance sheets as of December 31, 2024 and 2023, along with statements of operations, members' equity (deficit), and cash flows for the years then ended.
This means a prospective Deer Solution franchisee can review the company's financial performance over the past two years to assess its financial health and stability. Examining these statements can provide insights into the company's revenues, expenses, assets, liabilities, and cash flow trends.
It is important for potential franchisees to carefully analyze these financial statements and consult with a financial advisor to understand the implications for their investment. Reviewing multiple years of data helps to identify trends and assess the consistency of Deer Solution's financial performance.