Does the Dog Haus FDD include financial statements for any years prior to 2022?
Dog_Haus Franchise · 2025 FDDAnswer from 2025 FDD Document
We have audited the financial statements of Dog Haus Worldwide, LLC (the Company), which comprise the balance sheets as of December 31, 2024 and 2023, and the related statements of operations and members' deficit, and cash flows for the years ended December 31, 2024, 2023 and 2022, and the related notes to the financial statements.
Source: Item 21 — FINANCIAL STATEMENTS (FDD page 87)
What This Means (2025 FDD)
According to Dog Haus's 2025 Franchise Disclosure Document, the financial statements include information for the years 2022, 2023, and 2024. Specifically, the independent auditor's report covers the balance sheets as of December 31, 2024 and 2023, along with the statements of operations, members' deficit, and cash flows for the years ended December 31, 2024, 2023, and 2022.
This means that the FDD does not contain financial statements for any years before 2022. A prospective franchisee reviewing the document will only find three years of financial history for Dog Haus itself.
While three years of statements are included, franchisees might want to ask Dog Haus for additional historical financial information to better understand long-term trends and performance. This is a standard due diligence practice when evaluating a franchise opportunity.