Does the Dryject FDD explain how the Dryject Management, LLC balance sheets were prepared?
Dryject Franchise · 2025 FDDAnswer from 2025 FDD Document
, SUITE 202 NEPTUNE, NEW JERSEY 07753
Phone: 732-869-1170 Fax: 732-869-1130 www.rogersteincpa.com
MEMBER: NEW JERSEY SOCIETY OF CERTIFIED PUBLIC ACCOUNTANTS LICENSED NEW JERSEY & NEW YORK
INDEPENDENT AUDITOR'S REPORT
TO: DRYJECT MANAGEMENT, LLC HATBORO, PENNSYLVANIA
Opinion
I have audited the accompanying financial statements of DryJect Management, LLC (a single member LLC), which comprise the balance sheets as of December 31, 2024 and 2023, and the related statements of income and member's capital, and cash flows for the years then ended, and the related notes to the financial statements.
In my opinion, the financial statements referred to above present fairly, in all material respects, the financial position of DryJect Management, LLC as of December 31, 2024 and 2023, and the results of its operations and its cash flows for the years then ended in accordance with accounting principles generally accepted in the United States of America.
Basis for Opinion
I conducted my audit in accordance with auditing standards generally accepted in the United States of America. My responsibilities under those standards are further described in the Auditor's Responsibilities for the Audit of the Financial Statements section of my report. I am required to be independent of DryJect Management, LLC and to meet my other ethical responsibilities in accordance with the relevant ethical requirements relating to my audit.
Source: Item 8 — BUSINESS RELATIONSHIP (FDD pages 68–229)
What This Means (2025 FDD)
According to Dryject's 2025 Franchise Disclosure Document, the financial statements of DryJect Management, LLC, including the balance sheets, are the responsibility of the management. Management is responsible for the preparation and fair presentation of these financial statements in accordance with accounting principles generally accepted in the United States of America. This includes the design, implementation, and maintenance of internal controls relevant to ensure the financial statements are free from material misstatement, whether due to fraud or error.
Furthermore, DryJect's management must evaluate whether there are conditions or events that raise substantial doubt about the company's ability to continue as a going concern within one year after the date the financial statements are issued. The financial statements, which include balance sheets as of December 31, 2024 and 2023, and related statements, have been audited by an independent auditor.
The independent auditor, Roger K. Stein, CPA LLC, conducted the audit in accordance with auditing standards generally accepted in the United States of America. The auditor's report expresses an opinion on whether the financial statements present fairly the financial position, results of operations, and cash flows of DryJect Management, LLC, in accordance with U.S. accounting principles. The auditor also confirms their independence and adherence to ethical requirements relevant to the audit.