Where can I find the audited financial statements for Dog Haus?
Dog_Haus Franchise · 2025 FDDAnswer from 2025 FDD Document
Independent Auditors' Report
To the Members of Dog Haus Worldwide, LLC
Opinion
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.
In our opinion, the accompanying financial statements present fairly, in all material respects, the financial position of the Company as of December 31, 2024 and 2023, and the results of its operations and its cash flows for the years ended December 31, 2024, 2023 and 2022 in accordance with accounting principles generally accepted in the United States of America.
Source: Item 21 — FINANCIAL STATEMENTS (FDD page 87)
What This Means (2025 FDD)
According to the 2025 Dog Haus Franchise Disclosure Document, the audited financial statements for the company are included as part of Exhibit I. Specifically, Item 23 references that the FDD includes the balance sheets as of December 31, 2024 and 2023, along with 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.
These financial statements are prepared in accordance with accounting principles generally accepted in the United States of America (GAAP). The inclusion of these statements allows prospective franchisees to review Dog Haus's financial performance over the past three years, which is a crucial part of assessing the financial health and stability of the franchisor.
The financial statements include an independent auditor's report, offering an opinion on the fairness of the presentation of Dog Haus's financial position, results of operations, and cash flows. This report confirms that the audit was conducted according to generally accepted auditing standards in the United States of America. Reviewing these audited statements and the auditor's opinion is a standard practice in franchise due diligence, providing an additional layer of assurance regarding the franchisor's financial reporting.