How many years of audited financial statements are included for Dog Haus?
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 the 2025 Dog Haus Franchise Disclosure Document, the company's financial statements have been audited for three years. The Independent Auditors' Report includes balance sheets as of December 31, 2024 and 2023, and related statements of operations, members' deficit, and cash flows for the years ended December 31, 2024, 2023 and 2022.
This means that a prospective Dog Haus franchisee can review the company's financial performance over the past three years, providing a view of trends and financial health. Reviewing these statements can help a potential franchisee assess the stability and profitability of Dog Haus.
It is important for potential franchisees to carefully examine these audited financial statements and consult with a financial advisor to fully understand the financial risks and opportunities associated with investing in a Dog Haus franchise. Understanding the franchisor's financial history is a critical step in the due diligence process before making a franchise investment.