Were the Gross Sales figures for Face Foundrie franchised Facial Bars audited?

According to Face Foundrie's 2025 Franchise Disclosure Document, the Gross Sales figures reported for both franchised and corporate Facial Bars were not audited. The FDD specifies that the financial performance representations, including gross sales data, are derived from the point of sales system and have been prepared without an audit by a certified public accountant. This means that the figures presented are based on internal data collection and have not been independently verified for accuracy.

For a prospective Face Foundrie franchisee, this lack of auditing implies a need for due diligence. While the provided sales data can offer insights into potential revenue, franchisees should independently investigate these figures and consider them as estimates rather than guaranteed outcomes. It is important to understand the underlying data collection methods and any potential biases they might introduce.

Typically, audited financial statements provide a higher level of assurance due to the independent verification process. The absence of an audit for Face Foundrie's gross sales data means that franchisees must rely on the franchisor's internal reporting, making independent verification through other means, such as direct contact with existing franchisees, even more critical. Prospective franchisees are encouraged to conduct their own thorough financial analysis, considering all potential costs and expenses, to determine the potential profitability of a Face Foundrie franchise.