What specific financial statements are attached as Exhibit G to the Degree Wellness Franchise Disclosure Document?
Degree_Wellness Franchise · 2025 FDDAnswer from 2025 FDD Document
Attached to this Franchise Disclosure Document as Exhibit G are:
Degree Wellness Franchise, LLC's audited balance sheets as of December 31, 2024, and the related statements of income, retained earnings, and of cash flow for the years then ended. We have not been in business for three years or more and cannot include all the financial statements required by the Rule
Source: Item 21 — Financial Statements (FDD page 66)
What This Means (2025 FDD)
According to Degree Wellness's 2025 Franchise Disclosure Document, Exhibit G includes the company's audited balance sheets as of December 31, 2024. Additionally, the exhibit contains related statements of income, retained earnings, and cash flow for the years then ended.
Because Degree Wellness has not been in business for three years or more, the FDD clarifies that it cannot include all the financial statements typically required by the FTC Franchise Rule. This is a common situation for newer franchisors, as a full three-year financial history is not yet available.
Prospective franchisees should carefully review these financial statements to understand Degree Wellness's financial performance and stability. While the provided statements cover a limited period, they still offer valuable insights into the company's financial health. It is advisable to consult with a financial advisor to fully assess the implications of these statements.