What date were the financial statements available to be issued for Degree Wellness?
Degree_Wellness Franchise · 2025 FDDAnswer from 2025 FDD Document
The financial statements and related disclosures include evaluation of events up through and including March 24, 2025, which is the date the financial statements were available to be issued.
Source: Item 23 — Receipts (FDD pages 66–257)
What This Means (2025 FDD)
According to Degree Wellness's 2025 Franchise Disclosure Document, the financial statements were available to be issued on March 24, 2025. This date is important because it signifies the completion of the audit and the finalization of the financial records for the period ending December 31, 2024.
For a prospective franchisee, this date indicates how recent and relevant the financial information provided in the FDD is. Since the audit was completed in March 2025, the data reflects the company's financial position and performance up to the end of the previous year. This allows potential franchisees to assess the financial health and stability of Degree Wellness before making an investment decision.
It is standard practice for franchisors to include audited financial statements in their FDDs, and the availability date helps franchisees understand the timeliness of the information. Franchisees should review these statements carefully, possibly with the help of a financial advisor, to evaluate the franchisor's financial performance and identify any potential risks or opportunities.