What was the accumulated depreciation for Focalpoint Coaching in 2023?
Focalpoint_Coaching Franchise · 2025 FDDAnswer from 2025 FDD Document
Exhibit C contains our audited financial statements as of December 31, 2022, December 31, 2023, and December 31, 2024. Our fiscal year end is December 31.
Source: Item 21 — Financial Statements (FDD page 56)
What This Means (2025 FDD)
Based on the 2025 FDD, the financial statements of FocalPoint Coaching, Inc. are audited for the years 2022, 2023, and 2024. However, the provided excerpts from the FDD do not contain the specific value for accumulated depreciation in 2023. While the financial statements are mentioned and audited, the details regarding specific depreciation amounts are not included in the provided documents.
To ascertain the accumulated depreciation for Focalpoint Coaching in 2023, a prospective franchisee should carefully review the complete audited financial statements included as exhibits in the FDD. These statements would typically contain a balance sheet and related notes, where accumulated depreciation is disclosed.
It is important to request and examine these detailed financial records to understand the company's asset values and how they are being depreciated. Understanding these figures can help a potential franchisee assess the financial health and stability of Focalpoint Coaching.