On what page of the Dog Haus FDD can I find the Balance Sheets?
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.
Basis for Opinion
We conducted our audits in accordance with auditing standards generally accepted in the United States of America (GAAS). Our responsibilities under those standards are further described in the Auditors' Responsibilities for the Audit of the Financial Statements section of our report. We are required to be independent of the Company and to meet our other ethical responsibilities, in accordance with the relevant ethical requirements relating to our audits. We believe that the audit evidence we have obtained is sufficient and appropriate to provide a basis for our audit opinion.
Source: Item 23 — RECEIPTS (FDD pages 87–328)
What This Means (2025 FDD)
According to the 2025 Dog Haus Franchise Disclosure Document, the balance sheets can be found in Item 23, which starts on page 300. The independent auditor's report references the balance sheets as of December 31, 2024, and 2023. These financial statements offer a snapshot of Dog Haus's financial position at those specific points in time.
Specifically, the auditor's report included in Item 23 covers the balance sheets, statements of operations and members' deficit, and cash flows for the years ended December 31, 2024, 2023, and 2022. This comprehensive financial overview allows prospective franchisees to assess the brand's financial health and stability over a three-year period.
Furthermore, Item 23 includes additional financial details, such as prepaid credit liabilities. As of December 31, 2024, the total balance for prepaid credits was $578,629, which is recorded on the balance sheet under prepaid credit liability. This provides insight into specific aspects of Dog Haus's financial obligations and how they are accounted for.