Are the financial performance representations for Dog Haus franchises audited?
Dog_Haus Franchise · 2025 FDDAnswer from 2025 FDD Document
Tables 1 through 9 below are limited to actual historical unaudited information provided to us by our franchisees for franchised Dog Haus Fast Casual Restaurants, Dog Haus Biergartens and Remote Kitchens that were open for business for at least one year on December 31, 2024, December 31, 2023 and on December 31, 2022. The financial performance representations that appear in Tables 1 through 9 below do not include costs of sales, operating expenses or other costs or expenses that must be deducted from Gross Sales to obtain your net income or profit. You should conduct an independent investigation of the costs and expenses you will incur in operating your Dog Haus Fast Casual Restaurant, Dog Haus Biergarten, or Dog Haus Remote Kitchen. Franchisees or former franchisees listed in this Disclosure Document may be one source of this information. The characteristics of each Dog Haus Fast Casual Restaurant, Dog Haus Biergarten, and Dog Haus Remote Kitchen included in this Item 19 and franchises for Dog Haus Fast Casual Restaurants, Dog Haus Biergartens, and Dog Haus Remote Kitchens that may be offered to prospective franchisees are generally similar, except for possible variances in square footage, layout and the like.
Written substantiation for the financial performance representations made in this Item 19 will be made available to you upon reasonable request.
Some outlets have earned this amount. Your individual results may differ. There is no assurance you'll earn as much.
Source: Item 19 — FINANCIAL PERFORMANCE REPRESENTATIONS (FDD pages 73–83)
What This Means (2025 FDD)
According to Dog Haus's 2025 Franchise Disclosure Document, the financial performance representations provided for Dog Haus Fast Casual Restaurants, Dog Haus Biergartens, and Remote Kitchens are based on historical data submitted by franchisees and have not been audited. Specifically, the document states that the information in Tables 1 through 9 is based on "unaudited information".
This means that while Dog Haus provides figures regarding gross sales, these numbers have not been independently verified by a certified public accountant or other auditing firm. A prospective franchisee should recognize that the franchisor is representing the data as provided to them by franchisees, without an independent check for accuracy or consistency. This does not necessarily mean the data is inaccurate, but it does highlight the importance of conducting thorough due diligence.
Given that the financial performance representations are unaudited, it is crucial for potential Dog Haus franchisees to independently verify the information. The FDD encourages prospective franchisees to conduct their own investigation of costs and expenses and suggests that current and former franchisees may be a source of this information. Requesting substantiation for the financial performance representations is also an option, as the FDD states that written substantiation will be made available upon reasonable request. It is important to remember the disclaimer that "Some outlets have earned this amount. Your individual results may differ. There is no assurance you'll earn as much."
In summary, the financial performance data presented by Dog Haus in its 2025 FDD is unaudited, meaning it has not been verified by an independent third party. Prospective franchisees should perform thorough due diligence, including verifying the data with current franchisees and conducting their own market research, to assess the potential financial performance of a Dog Haus franchise.