What is the fiscal year end for Dog Haus?
Dog_Haus Franchise · 2025 FDDAnswer from 2025 FDD Document
Provided in Exhibit K are lists of the names, addresses, and telephone numbers or email addresses of all current franchisees, and of franchisees who had an outlet terminated, canceled, not renewed, or reacquired by us, or who otherwise voluntarily or involuntarily ceased to do business, during the fiscal year ending December 31, 2024.
Notes to Financial Statements December 31, 2024, 2023 and 2022
Source: Item 21 — FINANCIAL STATEMENTS (FDD page 87)
What This Means (2025 FDD)
According to Dog Haus's 2025 Franchise Disclosure Document, the fiscal year ends on December 31. This is explicitly stated in Item 20, which discusses franchisee information related to the fiscal year ending December 31, 2024. Additionally, Item 23 regarding receipts and financial statements references dates of December 31, 2024, 2023, and 2022.
For a prospective franchisee, this means that all financial performance data presented in the FDD, such as gross sales and expenses, are calculated on a calendar year basis. This is a common practice, as many businesses align their fiscal year with the calendar year for simplicity and tax reporting purposes. Understanding the fiscal year-end is important for interpreting the financial performance representations and comparing them to other franchise opportunities.
Knowing the fiscal year-end also helps franchisees understand the timeframes for various reporting requirements and renewal processes. For example, the FDD mentions providing lists of franchisees who exited the system during the fiscal year ending December 31, 2024. This information is relevant for potential franchisees to assess the stability and success rate within the Dog Haus franchise system. The consistent use of December 31 as the fiscal year-end across multiple sections of the FDD reinforces its importance for financial and operational planning within the Dog Haus franchise.