Does the table provide a comparative analysis of Deer Solution's financial performance?
Deer_Solution Franchise · 2025 FDDAnswer from 2025 FDD Document
Metwally CPA PLLC
CERTIFIED PUBLIC ACCOUNTANT
1312 Norwood Dr STE 100, Bedford, Texas 76022
Cell: 214-200-5434 (Mohamed Metwally) Mmetwally@metwallycpa.com
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.
In our opinion, the financial statements referred to above present fairly, in all material respects, the financial position of Deer Solution Franchising, LLC as of December 31, 2024 and 2023 and the results of its operations and its cash flows for the years then ended in accordance with accounting principles generally accepted in the United States of America.
Basis for Opinion
We conducted our audits in accordance with auditing standards generally accepted in the United States of America. Our responsibilities under those standards are further described in the Auditor's Responsibilities for the Audit of the Financial Statements section of our report. We are required to be independent of Deer Solution Franchising, LLC and to meet our other ethical responsibilities in accordance with the relevant ethical requirements relating to our audits. We believe that the audit evidence we have obtained is sufficient and appropriate to provide a basis for our audit opinion.
Emphasis of Matter
As discussed in note 5 to the financial statements, the Company has extensive transactions and relationships with its affiliates. Accordingly, the accompanying financial statements may not be indicative of the results of operations that would have been achieved if the Company had operated without such affiliations. Our opinion is not modified in respect to this matter.
Responsibilities of Management for 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, Item 23 includes an Independent Auditor's Report and financial statements. Specifically, the report contains balance sheets as of December 31, 2024 and 2023, along with related statements of operations, members' equity (deficit), and cash flows for the years then ended. These statements are audited by Metwally CPA PLLC. The auditor's opinion is that the financial statements present fairly the financial position of Deer Solution Franchising, LLC as of December 31, 2024 and 2023.
These audited financial statements offer a comparative analysis of Deer Solution's financial performance over two years. A prospective franchisee can review these statements to understand the company's revenues, expenses, assets, liabilities, and cash flows during this period. By comparing the financial data from 2023 and 2024, potential franchisees can identify trends and assess the financial stability and performance of the franchisor.
The auditor's report also includes an emphasis of matter regarding transactions and relationships with affiliates, suggesting that the company's performance might differ if it operated without these affiliations. This is an important consideration for potential franchisees, as it highlights the potential impact of related-party transactions on the franchisor's financial results. Franchisees should carefully review the notes to the financial statements for more details on these affiliate relationships.
Overall, the inclusion of audited financial statements and an independent auditor's report in Item 23 provides transparency and allows prospective franchisees to make a more informed decision about investing in a Deer Solution franchise. Reviewing these documents is a critical step in the due diligence process.